Indiana License Law
What is the maximum amount the Indiana Real Estate Recovery Fund will pay per transaction?
A$10,000
B$25,000✓ Correct
C$50,000
D$100,000
Explanation
Indiana's Real Estate Recovery Fund has a maximum payment limit per transaction (currently $25,000 per transaction) and a limit per licensee regardless of the number of claims. Exact limits may be adjusted by regulation.
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