Property Management
Under Ohio law, a 'surety bond' in property management is used to:
AGuarantee the property manager's investment returns
BProtect property owners against financial loss due to the property manager's dishonesty or fraud✓ Correct
CInsure the rental property against damage
DGuarantee tenants will pay rent on time
Explanation
A surety bond protects the property owner by providing financial compensation if the property manager engages in dishonest acts, fraud, or misappropriation of funds.
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