What is the maximum Recovery Fund payout for multiple judgments?

• A. $150,000
• B. $100,000
• C. $200,000
• D. $275,000

Answer: (A)

The Recovery Fund has a single cap for a given licensee, meaning the total amount the fund can pay out for all judgments against that licensee is limited to a fixed dollar amount. For multiple judgments against the same licensee, the maximum payout stays at 150,000, not higher per judgment or per claim. This cap helps ensure the fund can assist many claimants while limiting the total obligation for any one licensee. In practice, after a licensee is found liable and a judgment is obtained, claimants can be paid from the fund up to this overall cap of 150,000.