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Is there a form
prescribed for submitting applications for
recovery from the Recovery Fund? |
| |
No. Applications
are to be submitted by letter to the Commission
requesting payment from the Fund. Enclose
the original or certified copies of all
documents filed by or on behalf of the claimant
with a court of competent jurisdiction and
documents issued by a court or other entity in
connection with the effort to recover.
|
|
What steps must be
taken to institute action to recover from the
Recovery Fund? |
| |
The Louisiana Real
Estate License Law
specifically requires claimants to notify the
Commission by certified mail at the time action to recover
is initiated. This is
accomplished by sending a letter to the Commission
with a copy of the petition bearing a stamp
that indicates the date on which the petition was
filed with the court.
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|
Can a licensed
real estate broker or salesperson, who acted as a
principal in a real estate transaction, submit a
claim to the Commission for recovery from the
Recovery Fund? |
| |
Yes, provided the
conditions for establishing eligibility for
recovery have been satisfied.
|
|
How do I contact
the Recovery Fund? |
| |
You may email the
Recovery Fund at
recovery@lrec.state.la.us. |
