Who regulates real estate transactions in Louisiana?

The Louisiana Real Estate Commission plays a vital role in regulating real estate transactions within the state. This commission is primarily responsible for overseeing all aspects of real estate practice, including licensing real estate professionals, enforcing relevant laws, and ensuring compliance with regulations that govern real estate transactions. By maintaining high standards for the profession, the commission protects public interest and promotes fair practice in the real estate market. This includes setting forth the qualifications for obtaining a real estate license, as well as providing oversight and disciplinary actions for unethical behavior in the industry. Thus, the Louisiana Real Estate Commission is the authoritative body tasked with the regulation and supervision of real estate activities in Louisiana.

Other options do not serve the same regulatory function. The Louisiana State Legislature creates laws, the State Attorney General's Office deals with legal enforcement and prosecution, and the Louisiana Department of Commerce typically oversees broader business regulations rather than specific real estate transactions.