Delaware License Law
What is the Delaware 'Real Estate Education, Research and Recovery Fund' maximum payout per transaction?
A$10,000 per transaction
B$25,000 per transaction✓ Correct
C$50,000 per transaction
D$100,000 per transaction
Explanation
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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