Bond for renovation work
The alteration agreement for my condo says that “We” (that’s me) “shall procure a bond or agreement in the amount of $2,000,000 from an insurance company acceptable to you, insuring you of full performance by us of our obligations under this Agreement”.
I called my insurance agent who got us our Condo policy, but they have never heard of this before.
Anyone have any ideas how I get one?
Thanks!
