Under the real estate recovery fund, the maximum amount that can be paid for a single claim is:

The real estate recovery fund is designed to protect consumers who have suffered losses due to the misdeeds of Indiana real estate professionals. A key feature of this fund is the limit placed on the maximum amount that can be awarded for a single claim. The correct amount is $20,000, reflecting the state's commitment to safeguarding consumers in the real estate market against financial harm caused by unethical practices.

This fund acts as a safety net, ensuring that individuals who have been defrauded or have experienced gross negligence can seek restitution. The $20,000 limit is established to balance the interests of consumers seeking to recover losses while also managing the fund's resources responsibly, so that it can provide support to multiple claimants over time. The figures associated with claims show a progression, with lower amounts reflecting earlier limits that likely didn’t keep pace with the evolving real estate market, thus the chosen amount provides a more relevant and effective level of consumer protection.