What is the maximum reimbursement amount from the recovery fund for an unsatisfied judgment?

The maximum reimbursement amount from the recovery fund for an unsatisfied judgment is indeed $50,000. This amount is significant as it serves as a financial safety net for consumers who have experienced losses due to the unethical or illegal actions of licensed real estate professionals. The purpose of the recovery fund is to promote public confidence in the real estate industry by providing compensation to victims when they cannot collect on a judgment against a licensee.

Knowing the specifics of the recovery fund is crucial for both real estate professionals and consumers. It helps agents understand the limitations of financial accountability in their transactions and serves as a reminder of the importance of ethical practices. The fund sets a cap at $50,000 to ensure that there are sufficient resources available to compensate multiple claimants, should the need arise.

The other amounts listed would either exceed the established limit or not reflect the regulation governing the recovery fund, making $50,000 the correct figure in this context.