Delaware License LawIntermediateDelaware Exam
What is the Delaware 'Real Estate Education, Research and Recovery Fund' maximum payout per transaction?
A$10,000 per transaction
B$25,000 per transactionCorrect
C$50,000 per transaction
D$100,000 per transaction
Why $25,000 per transaction Is Correct
Answer B: $25,000 per transaction
The Delaware Real Estate Recovery Fund pays a maximum of $25,000 per transaction to claimants who suffer losses due to a licensee's wrongful acts. There is also a lifetime cap per licensee.
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