Virginia License Law
The Virginia Real Estate Transaction Recovery Fund provides a maximum payment of how much per transaction?
A$10,000
B$20,000✓ Correct
C$50,000
D$100,000
Explanation
The Virginia Real Estate Transaction Recovery Fund pays up to $20,000 per transaction to consumers harmed by a licensee's fraudulent, misrepresentative, or dishonest conduct.
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State-Specific Concepts
License Law
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