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recovery fund

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recovery fund

A fund maintained by many state real estate commissions to assist in compensating victims who have suffered as a result of a breach of a real estate agent's or broker's responsibilities but were unable to recover because there was no insurance and no discoverable assets.The fund is typically maintained by dues from agents and brokers.



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We are delighted that many good projects, including a number of public housing capital improvement proposals, that weren't accepted in 2008 can now move forward, thanks to the use of these federal recovery funds.
net (Staff Writer) Ashmore Investment Management, a specialist emerging markets investment manager, has launched the Ashmore Global Consolidation and Recovery Fund (AGCRF).
The IDEA recovery funds alone represent about a $5 million increase each year for two years to special education funding for a California district with 50,000 students and the typical 8-10 percent ratio of special education students.
 
 
 
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