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Ohio Remanufactured Vehicle Dealer Bond

Who needs an Ohio Remanufactured Vehicle Dealer Bond?

All licensed remanufactured vehicle dealers are required to maintain an Ohio Remanufactured Vehicle Dealer Bond by the State of Ohio. The bond is required as part of your dealer license application.


Why is the Ohio Remanufactured Vehicle Dealer Bond required?

The Ohio Remanufactured Vehicle Dealer Bond helps ensure that dealers conduct business ethically and lawfully.


How do I know this is the required bond for my business?

You may have heard this bond referred to as an Ohio Car Dealer Bond or DMV Bond. If you sell remanufactured vehicles in the State of Ohio, this bond is required to obtain and maintain your license.

General Questions
What is a surety bond? 
What is a surety bond?

A surety bond is a three-party agreement among a principal, an obligee, and a surety.

The bond formalizes the principal's obligation to the obligee. The surety guarantees that the principal will fulfill their obligation.