What is the maximum amount from which the Education, Research, and Recovery fund will issue payments in any single transaction?

The Education, Research, and Recovery Fund in Georgia is designed to protect consumers in real estate transactions. The maximum amount that can be issued from this fund in a single transaction is set at $25,000. This cap is in place to ensure that the fund can manage its resources while still providing adequate protection for consumers who may suffer financial losses due to the misdeeds of licensees.

This amount represents the maximum liability the fund can cover per transaction, which is essential in maintaining the fund's sustainability and effectiveness in providing compensation. Understanding this limit is crucial for both real estate professionals and consumers as it highlights the extent of protection available in cases of wrongdoing.