What is the minimum fine for a person violating the provisions of the article?

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The minimum fine for a person violating the provisions of the article is indeed $1,000. This reflects the seriousness with which regulatory bodies view violations related to real estate practices, emphasizing the importance of compliance with established laws and regulations. The amount serves both as a deterrent against misconduct and as a means of upholding the integrity of the real estate profession.

This figure has been set to ensure that individuals and entities involved in brokerage activities understand the financial repercussions of non-compliance, thus fostering a more responsible and ethical real estate market. In this context, the fines are structured to be substantial enough to make a meaningful impact while ensuring that those who infringe upon legal standards face significant consequences.

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