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Ohio Title Agent Bond

Ohio Title Agent Bond

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Who Requires the Title Agent Bond and Why Is It Needed?

A Title Agent Bond is a type of surety bond that must be furnished by those licensed as an individual or business entity title insurance agent, handling escrow, settlement, or closing functions for real estate transactions not involving the issuance of title insurance. The Ohio Title Bond is mandated pursuant to Section 3953.23 of the Ohio Revised Code. The surety bond is written for benefit of anyone suffering a loss resulting from theft, misappropriation, fraud, or any other failure to properly disburse settlement, closing, or escrow funds in a real estate transaction. Regardless of the number of years this surety bond remains active and in effect, in no will the aggregate liability of the surety company for all claims under this bond exceed the penal sum of this bond.

How Much Will My Surety Bond Cost?

Take 2 minutes to provide the basic information required to get the best rates for your Ohio Title Agent Bond. The quote request is free and there is no obligation to you. If you prefer, please call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the lowest cost in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.

List of Ohio surety bonds.

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