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Indemnity bond

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(Querist)
18 February 2014 X has purchased a property from Y. Can X ask for an INDEMINITY BOND from Y to make good of any claims in future related to the title of the property. Is it valid in law, can X make a claim on Y, if any time in future some third party disputes the tile of the property in a court of law.
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Arvind Ray

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Arvind Ray (Expert)
18 February 2014 Yes, indemnity bond can be take, This is enforceable.
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