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Florida Real Estate Course
Chapter 7
Florida Real Estate Practice Question
Which of the following limits regarding the Florida Real Estate Recovery Fund is ACCURATE?
Answer choices
A
The fund covers punitive damages up to $50,000
B
The maximum payout for a single transaction is $50,000, regardless of the number of claimants
C
The maximum payout for multiple judgments against one licensee is $1,000,000
D
The fund will reimburse the injured party for their attorney's fees and court costs in all cases of fraud
Next question
Florida Real Estate Discipline and the Recovery Fund
All chapter guides
How do I check a broker's license and disciplinary information?