Topic 6.3: Practice Activities Copy
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Question 1 of 2
1. Question
A sales associate defrauded customers in two separate transactions, and the customers each got judgments for $75,000. The recovery fund will pay $150,000.
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Question 2 of 2
2. Question
A seller got a $30,000 judgment against a broker because the broker disbursed the earnest money deposit to the buyer based on a FREC escrow disbursement order. The recovery fund will repay the broker, but suspend the broker’s license.
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