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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
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