A Tree Preservation Surety Bond is a license and permit surety bond required by certain jurisdictions for individual and commercial property developers. The bond typically ensures one of two things. One, it guarantees that specific trees considered to be protected will not be harmed by the construction project and if harmed the developer will reimburse the jurisdiction for their loss. Two, it guarantees that the developer will plant replacement trees for protected trees that must be torn down for the construction project. Once the project is complete and the jurisdiction verifies protected trees are unharmed and replacement trees are in place, the bond can be released.
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