Three months of negotiations ended favorably Friday for the Alabama Association of Realtors, which received $15 million from the Gulf Coast Claims Facility for emergency payments to real-estate licenses of oil spill-related lost income.
“We want to thank Gov. (Bob) Riley for all of his hard work on behalf of all real estate licensees so they can file claims,” said Keith Kelley, president of the Montgomery-based association.
Kelley also thanked independent claims czar Kenneth Feinberg for “seeing the true hardships facing real estate licensees on the coast due to the oil spill.”
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