Examlex
A real estate license can be suspended if an agent knowingly acts as the sales broker for a:
Fidelity Bond
A form of insurance protection that covers policyholders for losses that they incur as a result of fraudulent acts by specified individuals, typically employees.
Corporate Funds
Money or financial resources that belong to a corporation and are used for its business operations and activities.
Dishonesty
Conduct that shows a lack of integrity or honesty in actions, often leading to deception or fraud.
Subrogated
The process by which an insurance company, having paid out a claim, acquires the legal right to pursue recovery from third parties responsible for the damage.
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