Ohio's Real Estate Recovery Fund compensates consumers for:

Property damage — such as physical damage to a home from a contractor or natural disaster — is not covered by the Real Estate Recovery Fund, which is strictly limited to financial losses caused by the fraudulent or dishonest acts of a licensed real estate professional in the course of a transaction.

Market value decreases due to economic conditions, neighborhood changes, or any other market force are not compensable from the Recovery Fund; the fund covers only actual financial losses directly caused by a licensee's misconduct, not investment losses inherent in real estate ownership.

Closing costs are standard transaction expenses paid to various service providers and are not losses caused by licensee misconduct; the Recovery Fund does not reimburse buyers or sellers for the ordinary costs of completing a real estate transaction.