There are four (4) different ways to make bail in Oklahoma:
1) Cash Bond – a cash bond is exactly what you would think it is. Its’ cash, plain and simple. If the bail is set at $10,000.00, then you would have to pay $10,000.00 in cash money to get out of jail. If the cash bond is posted, then the person who posts it will get the $10,000 back at the end of the court proceedings.
Its great to get your cash bond back, however, most people just don’t have large sums of money hanging around that they can afford to have tied up while the criminal case is pending; that is why most people normally turn to an OK bail bondsman.
2) Property Bond – again, this type of bond is exactly what it sounds like, except the value of the property used to post a bail bond in Oklahoma is much less than you might anticipate. In Oklahoma, if you or a loved one wanted to pledge real property towards a bail bond, the real property would be worth four (4) times the market value. That sounds like a great deal, right? Here is where it gets tricky, though. The “market value” is actually the assessed value of the property recorded on the tax rolls multiplied by four (4). The assessed value is normally around 10% of the true market value, and even multiplied by four (4), the final amount is much less than the actual true market value of the real property.
3) Personal Recognizance Bond – normally referred to as “P.R. Bonds” or “O.R. Bonds”, this type of bond is granted at the discretion of the judge and usually on misdemeanor cases only. It is very rare to see a personal recognizance bond granted on felony cases. These bonds allow the Defendant to go free with nothing more than a promise to return to their court proceedings and possibly a few conditions that they must abide by. These bonds are a double-edged sword though, as penalties can be stiff for failing to appear after being released on this type of bond.
4) Surety Bond – a surety bond is a written guarantee to the State of Oklahoma by a bail bondsman or bail bonds company ensuring the appearance of a Defendant for all future court dates. This is the most common bail bond in Oklahoma. It is often necessary for most serious crimes, as the bond amounts can be very costly depending on the charges.