license laws

license laws

Particular state laws having to do with qualifications, licensing, and oversight of real estate or other professionals within the state in order to (1) ensure minimal levels of expertise, (2) promulgate enforceable standards to protect consumers from fraud, abuse, or negligence, and (3) provide mechanisms for self-policing of the industry. One can check the license status of any purported real estate broker or agent by going to the Web site of the Association of Real Estate License Law Officials,www.arello.org,and clicking on License Registration Verification.

References in periodicals archive ?
We report empirical results showing that states that have driver's license laws are more compliant than those without.
Driver's license laws are unique, however, in that they do not mirror any federal legislation given that there is no national driver's license.
IREM believes that the management of residential apartments, condominiums, cooperatives and homeowner's associations involves real estate activities and should require a license under existing state license laws. IREM supports professional community association management, but is opposed to a separate state mandated license or certification for community association management and urges all forms of real estate management to be under the jurisdiction of existing state real estate broker and agent licensing laws.
While nationwide, one in 10 drivers aged 15 to 17 reported driving under the influence of alcohol, the drinking and driving increased as the restrictiveness of graduated drivers license laws decreased.
States have a variety of license laws for resident agents and require nonresidents to obtain several licenses.