What is the maximum amount an aggrieved party can receive from the recovery fund?

The maximum amount an aggrieved party can receive from the recovery fund in Kentucky is $20,000. This fund is designed to provide compensation to individuals who have suffered financial losses due to the misconduct of licensed real estate practitioners. The specific amount reflects the state's guidelines for ensuring that victims can seek some relief when they have been wronged in real estate transactions. By establishing this limit, the recovery fund aims to balance the need to protect consumer rights with the financial sustainability of the fund itself.