Real Estate Recovery Fund Fee at juliejhollyo blog

Real Estate Recovery Fund Fee.the fee is $3.50 per year for brokers and $1.50 per year for sales associates. The investor sued the agent and was awarded money losses for breach of the agent’s duty.

Solved A Florida Real Estate Recovery Fund claimant is NOT
from www.chegg.com

as a result, the investor suffered a loss.in california, 12% of the license fees paid by real estate agents goes directly into the recovery fund account.state law limits a single recovery fund claim to $20,000 , and also limits the total amount of claims per transaction to $50,000.

Solved A Florida Real Estate Recovery Fund claimant is NOT

Real Estate Recovery Fund Feethe rf is funded by a fee of $3.50 added to the license fee of new broker license applications and renewal of broker’s licenses, as well as a fee of $1.50 added to the license fee of new sales associate license applications and renewal of sales associate licenses. How much help do victims get from the recovery fund? For victims who file a successful application. The agent did not have the funds to pay the awarded judgment.