Nevada License Law
The maximum recovery from the Nevada Real Estate Education, Research and Recovery Fund per licensee for multiple transactions is:
A$10,000
B$25,000
C$40,000✓ Correct
DUnlimited
Explanation
The Nevada Recovery Fund has a statutory cap of $40,000 per licensee regardless of the number of claimants or transactions. A judgment must first be obtained against the licensee.
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