Definition: a state-regulated account to cover claims of aggrieved parties who have suffered monetary losses from a licensee’s actions
Pronunciation:
Used in a Sentence: The FREC ordered payment from the Real Estate Recovery Fund to the claimant.
Definition: a state-regulated account to cover claims of aggrieved parties who have suffered monetary losses from a licensee’s actions
Pronunciation:
Used in a Sentence: The FREC ordered payment from the Real Estate Recovery Fund to the claimant.