What can the Recovery Fund assist individuals with?

The Recovery Fund is specifically designed to provide financial assistance to consumers who have suffered monetary losses due to the actions of licensed real estate professionals. This support is crucial in cases where the professional has committed a violation, such as fraud or misrepresentation, leading to financial harm to the consumer. The fund aims to help those affected recover some of their financial losses when other means of compensation are not available.

In contrast, the other options do not align with the purpose of the Recovery Fund. Legal representation typically falls outside the scope of what the fund provides; it does not cover the costs of hiring lawyers. Brokerage training and marketing assistance are also unrelated to the functions of the Recovery Fund, as it is focused solely on reimbursing consumers for damages incurred due to real estate violations. Thus, the Recovery Fund fulfills a specific role in protecting consumers and ensuring they have a recourse in case of unethical practices in the real estate market.