A bond that guarantees that the person responsible for the property of another will faithfully exercise his or her duties is called a

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A fiduciary bond is a type of surety bond that guarantees the performance of a person entrusted with the management of property belonging to another person. This bond ensures that the fiduciary will act honestly and faithfully in performing their duties and will not misuse or mismanage the property entrusted to them. It is commonly used for probate and estate cases, as well as for guardianships and trusteeships.

A Bond That Guarantees That the Person Responsible for the Property