DRE & Licensing
The DRE's Recovery Account provides funds to:
APay broker salaries during license suspension
BCompensate members of the public who suffer losses caused by licensee fraud or misrepresentation✓ Correct
CFund real estate education programs
DCover escrow shortfalls
Explanation
The California Real Estate Recovery Account (funded by licensee fees) compensates members of the public who have suffered monetary losses due to fraud, misrepresentation, or deceit by a real estate licensee and have obtained an uncollectable judgment.
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