Which entity is usually responsible for enforcing real estate laws?

The Real Estate Administration and Disciplinary Board typically oversees the enforcement of real estate laws. This entity is charged with ensuring that real estate professionals adhere to established laws and regulations, maintaining standards of practice within the industry. They handle licensing requirements, investigate complaints about real estate practices, and enforce penalties for violations, thereby promoting professionalism and protecting the interests of the public in real estate transactions.

Local government agencies can play a role in regulating certain aspects of real estate, such as zoning laws and property taxes, but they do not have the specific mandate to oversee the enforcement of all real estate laws. Real Estate Investment Trusts (REITs) primarily focus on investing in real estate and do not have enforcement authority over real estate laws. Real estate brokers and agents are subject to these laws and must operate within the framework set by these governing bodies; they do not enforce the laws themselves.