Idaho License Law
Under Idaho Code §54-2033, what is the maximum amount an injured party can recover from the Idaho Real Estate Recovery Fund per transaction?
A$10,000
B$15,000
C$25,000✓ Correct
D$50,000
Explanation
The Idaho Real Estate Recovery Fund provides a maximum recovery of $25,000 per transaction for parties injured by a licensee's fraudulent, misrepresentative, or deceitful conduct. The total fund liability to any one licensee is limited to $50,000.
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