Bob Case provided oral arguments before the Fifth District Court of Appeal and argued the Florida Real Estate Commission (FREC) improperly denied the Real Estate Recovery Fund claim asserted on behalf of a client. The client was the victim of bad acts taken by a real estate licensee who had failed to properly manage the client’s residential real estate investment properties. FREC had denied the claim based on a theory the claim was ineligible for recovery under the Real Estate Recovery Fund Statute. In a unanimous decision, the Fifth District Court of Appeal ruled the Firm’s client was entitled to recovery under the Fund and that the compensation arrangements between the real estate licensee and the client did not affect the licensee’s obligations to act ethically. The full opinion by the Appellate Court can be found here.