The Real Estate Board of Jamaica regulates the property market by enforcing the Real Estate (Licensing) Act, which mandates the licensing of agents and brokers. It ensures that real estate transactions are conducted fairly and transparently, addressing consumer complaints and upholding industry standards. This oversight is essential for maintaining market integrity and protecting both buyers and sellers. The Board’s role in resolving disputes, such as investigating complaints about unlicensed agents or unethical practices, highlights its impact on maintaining ethical standards in the industry.
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