Pace v. State

WALLACE, Justice.

This is a suit for payment from the Real Estate Recovery Fund brought by W. Raymond Pace, J. Michael Reed and Bruce Carr, Jr. (Pace). The three individuals recovered judgments from Frank Manchac, a realtor, for misrepresentations made to each of them during their individual purchases of real property in October and November of 1975. Their actual damages of $6,000, $2,000 and $5,000 respectively were trebled pursuant to the Deceptive Trade Practices Act. 1 Upon motion to the trial court for an order of recovery from the Real Estate Recovery Fund, that court ordered payment of…