Which type of property owner is specifically mentioned as eligible to receive claims from the Fund?

The eligibility of a residential property owner to receive claims from the Fund is rooted in the intention of the Fund to protect consumers in real estate transactions. This particular designation exists because residential property owners often face unique challenges and risks in their dealings, such as fraud or misrepresentation.

The Fund serves to provide financial remedies for those who have suffered losses due to misconduct by licensed real estate professionals. By specifically mentioning residential property owners, the law aims to ensure that individuals who occupy or own homes, and who may be more vulnerable in the real estate market, have a safety net in place for financial recovery.

In this context, the other options do not align with the primary focus of the Fund. While commercial property owners, real estate investors, and tenants may experience issues in real estate transactions, the Fund's provisions are tailored to protect residential property owners, recognizing the importance of safeguarding personal residences and the potential vulnerability of homeowners in transactions with licensed real estate professionals.