LIST OF REQUIRED DOCUMENTS FOR RECOVERY FUND CLAIM 2025

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The FREC is charged with administering and enforcing the real estate licensing laws and other regulations spelled out in Florida Statutes 475, Part 1. The primary purpose of the FREC is to protect the public.
⚠ Strict eligibility requirements Claimants must obtain a final court judgment before filing a claim. ⚠ Compensation caps The fund cannot provide more than $50,000 per transaction or $150,000 per claimant.
The Florida Real Estate Recovery Fund is a state-administered financial resource that compensates individuals who suffer monetary losses due to the fraudulent, deceptive, or negligent actions of licensed real estate brokers or sales associates.
The fund is in place to compensate a person or entity that has experienced a financial loss due to the actions of a licensee. Fees are collected when the recovery fund falls below $1 million dollars. Before filing a claim, someone must have a case adjudged by a court of law.
The Florida Homeowners Construction Recovery Fund (recovery fund) is used to compensate homeowners who have suffered a covered financial loss at the hands of state-licensed contractors.
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The Contractor Recovery Fund (sometimes called a Homeowners Recovery Fund) compensates owners or lessees of residential property who have suffered an actual and direct out-of-pocket loss due to a licensed contractors fraudulent, deceptive or dishonest practices, conversion of funds or failure of performance.

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