Florida License Law
The Florida Real Estate Recovery Fund provides a maximum payment of how much per transaction regardless of the number of claimants?
A$25,000
B$50,000✓ Correct
C$75,000
D$150,000
Explanation
The Florida Real Estate Recovery Fund pays a maximum of $50,000 per single transaction and a lifetime maximum of $150,000 per licensee against whom claims are filed.
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