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Replevin and Counter-Replevin Replevin bonds are required of a party who is suing another party to gain possession of property that they believe they have a legal right to. The bond guarantees that, upon court determination, if the taking of possession was incorrect and caused the other party harm, the bond will pay. Bond is set in an amount equal to 1.5 times the value of the property. Counter-replevin bonds can be filed by the other party to regain possession of the property obtained by the replevin bond. Bond is set in an amount equal to 1.25 times the value of the property. Underwriting Requirements:
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