Ohio Auctioneer Surety Bond

The Ohio Auctioneer Surety Bond  is required by the Ohio Department of Agriculture Auctioneers Program/Enforcement Division.

The bond is conditioned on the observance of the Ohio revised code chapter 4707 and of all lawful orders and regulations of the Ohio Department of Agriculture.

Who Needs This Bond?

This bond is required to become licensed as an auctioneer.

The Ohio Department of Agriculture defines this as: “Anyone who performs the function of an auctioneer as defined in 4707.01. Under 4707.02 anyone who conducts an auction must be licensed under 4707 by the department of agriculture.”

Bond Amount and Cost

Bond Amount: $25,000

Bond Cost to You: $125 per year

Renewals: This bond expires annually on June 30th and must be renewed.