Rule 714.Purchaser's Bond
Last verified June 28, 2026
In one sentenceRule 714 requires the purchaser at a sale of sequestered property under the preceding rule to execute a bond, with surety, for the purchase money, payable to the officer making the sale.
Full Text of Rule 714
In the case of a sale as provided for in the preceding rule, the purchaser of the property shall execute his bond, with two or more good and sufficient sureties, to be approved by the officer making the sale, and payable to such officer, in a sum not less than double the amount of the purchase money, conditioned that such purchaser shall pay such purchase money at the expiration of the time given.
End
Plain-English Summary
Rule 714 secures the purchase price. In the case of a sale of sequestered property held before the debt is due, the purchaser executes a bond, with two or more good and sufficient sureties, in a sum not less than double the purchase money, payable to the officer making the sale — conditioned that the purchaser pay the purchase money when the extended time expires.
Frequently Asked Questions
Does a buyer of sequestered property post a bond in Texas?
In a sale held before the debt is due, yes — Rule 714 requires a purchaser's bond for the purchase money.
How large must a Rule 714 purchaser's bond be?
Not less than double the amount of the purchase money, with two or more sufficient sureties approved by the officer conducting the sale.
Who approves the purchaser's bond and sureties under Rule 714?
The officer making the sale approves both the bond and the sureties before the sale can close.
Source & verification. Rule text and the official Notes and Comments are reproduced verbatim from the
Texas Rules of Civil Procedure (Tex. R. Civ. P. 714), published by the Texas Judicial Branch (txcourts.gov).
Promulgated by the Supreme Court of Texas. The plain-English summary is original and draws on official sources. Last verified June 28, 2026. ·
Official source
Also known as: purchaser's bond sequestrationbond for buying sequestered propertysureties on purchaser's bonddouble the purchase money bondTRCP 714