Final answer:
To file a claim against the Real Estate Education Research and Recovery Fund, the buyer must first attempt to collect the judgment from the real estate salesperson's assets, such as their cabin. If these assets are insufficient to cover the judgment or are exempt, the buyer can then seek the remaining amount from the fund.
Step-by-step explanation:
To file a claim against the Real Estate Education Research and Recovery Fund, a buyer who has received a judgment against a real estate salesperson for fraud must take certain steps according to Georgia law. These steps usually include exhausting all other means of collecting the judgment, such as attempting to collect from the salesperson's assets. In the case presented, the salesperson owns a cabin in Georgia valued at $10,000 free and clear. Since the judgment is $15,000 the buyer can seek to satisfy part of the judgment by foreclosing on the cabin. However, if the value of the cabin is not sufficient to cover the whole judgment or for some reason the cabin cannot be used to satisfy the judgment (such as if it's exempt from such proceedings), the buyer would then potentially be eligible to file a claim against the fund for the remaining amount.