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Real Estate Recovery Trust Account and Fund

TREC has two real estate recovery funds to reimburse consumers who suffer damages caused by TREC license holders: the Real Estate Recovery Trust Account and the Real Estate Inspection Recovery Fund. Consumers may file an application for payment from the Real Estate Recovery Trust Account after filing suit and obtaining a final judgment in civil court for damages against a licensed real estate broker, sales agent or easement/right-of-way agent (or an employee or agent of such a license holder) for certain conduct.