Real Estate and Business Brokers Act

The Real Estate and Business Brokers Act is legislation that regulates the licensing, conduct, and professional standards of individuals and firms involved in real estate transactions and business brokerage. Its purpose is to protect the public by ensuring brokers act honestly, competently, and transparently when buying, selling, or leasing properties and businesses. The Act outlines licensing requirements, ethical rules, and enforcement mechanisms to promote fair practices and consumer confidence in the real estate and business brokerage industries.