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Reductions

Surety Reduction Reviews 

Requests for Surety Reduction Reviews for eligible sureties may be made at any time during the life of the project.  Requests must be in writing and must be accompanied by a copy of the recorded plat and any subsequent revisions (highlighted for installed sidewalk or planted trees where appropriate).

Mail all requests to the attention of Judy Schnier, Land Development Division, 14th Floor, 600 East Fourth Street, Charlotte, NC 28202-2844

Surety Reduction Reviews may require up to ten (10) business days to complete.  Upon receipt of the reduction review results, the issuing Bank, Surety Company or Surety Agent will then require time to process the Amendment or Rider necessary to officially amend the Surety on file with Land Development.  We therefore encourage our customers to send Reduction Review Requests well in advance of due dates for Renewals (LOC's) or Continuation Certificates (Surety Bonds), as reduction reviews in progress do not affect due dates for these documents.