Georgia License Law
The Georgia Real Estate Education, Research, and Recovery Fund provides compensation to:
AA. Licensees who lose income due to market downturns
BB. Members of the public who suffer financial losses due to fraud or misrepresentation by a Georgia licensee✓ Correct
CC. Real estate schools for curriculum development
DD. GREC members for attending board meetings
Explanation
The Recovery Fund compensates consumers (members of the public) who suffer losses due to fraud, misrepresentation, or dishonest dealing by a Georgia licensee. Payment from the fund results in license suspension.
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