This bond is required for businesses that sell manufactured homes (also known as mobile homes) in Ohio. The $25,000 bond acts as a financial guarantee that protects customers if the dealer breaks state laws or fails to meet their obligations. For example, if a dealer takes your money but doesn't deliver the home as pr…
Overview
What it is.
This bond is required for businesses that sell manufactured homes (also known as mobile homes) in Ohio. The $25,000 bond acts as a financial guarantee that protects customers if the dealer breaks state laws or fails to meet their obligations. For example, if a dealer takes your money but doesn't deliver the home as pr…
Who usually needs it
Manufactured home dealers in Ohio who sell five or more homes within a 12-month period must obtain this bond. This includes new home dealers, used home dealers selling more than five homes in 12 months, licensed manufactured home brokers, and those renting or leasing homes for eventual ownership.
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateOHBond amount$25,000ObligeeState of OhioBond classLicense BondCategoryManufactured HousingBondOhio Manufactured Housing Dealer BondJurisdictionStatePlain descriptionThis bond is required for businesses that sell manufactured homes (also known as mobile homes) in Ohio. The $25,000 bond acts as a financial guarantee that protects customers if the dealer breaks state laws or fails to …Who needs this bondManufactured home dealers in Ohio who sell five or more homes within a 12-month period must obtain this bond. This includes new home dealers, used home dealers selling more than five homes in 12 months, licensed manufac…
