Lynnwood, WA · Snohomish County
Guarantee Account (Performance and/or Maintenance)
This three-page agreement lets a financial institution hold funds in place of a performance or maintenance bond for a Lynnwood development project, for filing by the institution and project principal.
- licensed online notary
- ~15 min average
- Notarized PDF emailed
What you’ll need
- Government-issued photo ID
- Webcam-enabled device (laptop or phone)
- This form, ready to upload as a PDF
What this form is
The Guarantee Account form records an institution’s agreement to freeze funds for site improvements or maintenance instead of providing a performance or maintenance bond. The principal and institution complete the project, account, and signature details, and the City of Lynnwood reviews and accepts the agreement for the identified subdivision, plat, or permit. It also sets out conditions for use and release of the funds, maintenance duties, and related responsibilities.
Who needs it
The institution and owner, developer, or contractor may need this form when funds are offered instead of a performance or maintenance bond for a Lynnwood development project.
Why it needs a notary
The form carries a Surety Acknowledgment with an acknowledgment block; the institution’s authorized corporate officer named in it signs before a notary.
How to get this notarized
- 1
Download the Form
Get the Guarantee Account form and check that it applies to your Lynnwood development project.
- 2
Fill In Project Details
Complete the project, account, institution, and principal details, and review the applicable improvement or maintenance sections.
- 3
Book an Online Notary
Arrange a session with a commissioned online notary for the authorized corporate officer named in the Surety Acknowledgment.
- 4
Sign on Video
The officer signs the acknowledgment during the online session and completes the notarial process.
- 5
Submit to the City
Send the completed form to the City of Lynnwood as directed for review and acceptance.
Preview the form
The blank PDF straight from Lynnwood. Look it over, then upload your filled copy to start the notary session.
You’ll need ID and a webcam.
A licensed online notary will join you on video, verify your government-issued ID, witness your signature, and apply their seal. You’ll receive the notarized PDF by email when the session ends.
Frequently asked questions
- How do I notarize the Guarantee Account form online?
- Complete the form, then book a session with a commissioned online notary. The institution’s authorized corporate officer signs the Surety Acknowledgment during the video session and follows the notary’s instructions.
- Do I need to notarize the whole Guarantee Account form?
- The form includes a Surety Acknowledgment with a notarial acknowledgment block for an authorized corporate officer. Check with the City of Lynnwood about which signatures and sections it requires for your project.
- Can I sign this form remotely with an online notary?
- Washington law authorizes remote online notarization by its notaries under RCW 42.45.280. A commissioned online notary can guide the signer through the video session and notarization.
- Where do I submit the completed Guarantee Account form?
- The form identifies the City of Lynnwood as the accepting city. Submit the completed agreement as directed by the city; confirm with the city or town if unsure.