What is a subdivision bond?

A subdivision bond is specifically designed to guarantee that all improvements within a subdivision, such as roads, utilities, and other infrastructure, are completed in accordance with applicable regulations and standards. This type of bond ensures that the developer or builder is financially secure, enabling them to complete the necessary work. If the developer fails to fulfill these obligations, the bonding company can step in to provide the funds needed to complete the improvements, thereby protecting the interests of the local community and future homeowners.

The other options address aspects related to quality, buyer protection, and landscaping, but they don't encapsulate the primary purpose of a subdivision bond, which focuses on the completion of essential infrastructure required for a subdivision to be operational and safe.