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From course:

Intro to Modern Real Estate

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Question:

Claim for payment from trust account 2:

Author: Kevin Smith



Answer:

Payments from the trust account for claims arising out of a single transaction may not exceed a total of $50,000, regardless of the number of claimants. Payments from the trust account for claims based on judgments against a single licensee may not exceed a total of $100,000.


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