Description should include reference to DPOR’s Real Estate Transaction Recovery Fund (http://www.dpor.virginia.gov/Boards/Real_Estate_Recovery_Fund/).
DPOR correlations: 18VAC135-20-400. 22 (Regulatory statutes); 18VAC135-20-400. 25 (Real Estate Board regulations)
Process/Skill Questions:
- Why was the Real Estate Transaction Recovery Fund created?
- How was the Real Estate Transaction Recovery Fund created?
- Who administers the Real Estate Transaction Recovery Fund?
- What is the source of money in the Real Estate Transaction Recovery Fund?
- Why would a person be paid through the Real Estate Transaction Recovery Fund?
- How many cases a year are paid through the Real Estate Recovery Fund?