Who holds a lien against the licensee's property if the Recovery Fund pays a claim?

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Multiple Choice

Who holds a lien against the licensee's property if the Recovery Fund pays a claim?

Explanation:
When the Recovery Fund pays a claim, the licensee becomes liable to reimburse the fund, so a lien is placed on the licensee’s property to secure that repayment. The entity that holds and enforces this lien is the Florida Real Estate Commission, which administers the Real Estate Recovery Fund and has the authority to file and enforce liens against licensees. The other groups—the Department of Business and Professional Regulation, the Florida Bar, and the Attorney General—do not hold or enforce such liens in this context.

When the Recovery Fund pays a claim, the licensee becomes liable to reimburse the fund, so a lien is placed on the licensee’s property to secure that repayment. The entity that holds and enforces this lien is the Florida Real Estate Commission, which administers the Real Estate Recovery Fund and has the authority to file and enforce liens against licensees. The other groups—the Department of Business and Professional Regulation, the Florida Bar, and the Attorney General—do not hold or enforce such liens in this context.

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