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In the State of Ohio, you are required to have a $25,000 Auctioneer / Apprentice Auctioneer Surety Bond to become licensed by the state. This bond is only required for your first three years as an Auctioneer.
Bonds Express offers an Ohio Auctioneer / Apprentice Auctioneer License Surety Bond for $25,000 with a 100% approval rate.
This bond expires every year on June 30th.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Ohio Auctioneer / Apprentice Auctioneer License Surety Bond holds you accountable for your business decisions.
By possessing an Ohio Auctioneer / Apprentice Auctioneer License Surety Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.