Oregon License Law
The Oregon Real Estate Agency (OREA) Real Estate Account provides compensation to consumers who have been damaged by the fraudulent conduct of a licensed Oregon real estate agent. The maximum recovery per transaction is:
A$10,000
B$25,000
C$50,000✓ Correct
DUnlimited
Explanation
Oregon's Real Estate Account (sometimes called the recovery fund) provides financial recovery to consumers damaged by a licensed agent's fraudulent, dishonest, or deceitful acts. Recovery is limited to $50,000 per transaction and $100,000 per licensee's aggregate claims.
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