AgencyMEDIUM
Ohio's Real Estate Recovery Fund compensates consumers for:
Correct Answer
B) Losses due to licensee misconduct
Ohio's Real Estate Recovery Fund compensates consumers who have suffered losses due to licensee fraud, misrepresentation, or other violations.
Answer Options
A
Property damageB
Losses due to licensee misconductC
Market value decreasesD
Closing costsVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
licensee-disciplinary-actionsconsumer-protection-lawsreal-ethics-requirements
Key Terms:
Real Estate Recovery Fundlicensee misconductfraudOhio Revised Code 4735.12consumer protection
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