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1878 REVIEW DENIED Recovery against the state's Real Estate Recovery Account is restricted to actions committed by a real estate licensee within the scope of his/her particular license, and so is not available for fraud committed by a licensed salesperson masquerading as a broker.CitationDAVIS v HARRIS (Real Estate Fraud) 61 CA4 507 [See: B&PC 10471; Vinci v Edmonds 185 CA3 1251; Dierenfield v Stabile 198 CA3 126] |
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