Florida Real Estate Laws

Question 1

Why do we have real estate laws?

Answer 1

To protect the real estate customer.

Question 2

Back in the day, the industry was essentially unregulated. Unethical salespeople were unsupervised, and buyers had little recourse against fraud, deceit, and incompetence. The world of real estate operated on the concept of caveat emptor, which is Latin for:

Answer 2

Let the buyer beware.