Florida License Law
The Florida Real Estate Recovery Fund maximum payment per transaction is:
A$25,000
B$50,000✓ Correct
C$75,000
D$100,000
Explanation
The Florida Real Estate Recovery Fund pays a maximum of $50,000 per single transaction (regardless of how many claimants) and up to $150,000 total per licensee for all claims. Funds are paid only after a court judgment is obtained and cannot be collected.
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