Bedow v. Watkins

OPINION

GARDEBRING, Justice.

This appeal involves the “diligent pursuit” requirements imposed upon claimants who seek to recover funds from the Minnesota Real Estate Education, Research and Recovery Fund. Minn.Stat. § 82.34, subd. 7 (1994). The Fund was established in 1973 in part to pay unpaid judgments against real estate licensees, arising from actions covered by their real estate licenses. Minn.Stat. § 82.34 (1994); Moe v. Centurion Inv. Co., 293 N.W.2d 826, 829 (Minn.1980). It is intended as a remedy of last resort, to be accessed when other potential sources of recovery are unavailable.…