What are the two Acts that provide provincial statutory requirements for licensees in New Brunswick?

The correct response identifies the two key pieces of legislation that outline the statutory requirements for real estate licensees in New Brunswick. The Real Estate Agents Act is fundamental as it establishes the regulatory framework for real estate practices, including the licensing of agents and the ethical obligations required of them. It ensures that licensees operate within legal standards, promoting professionalism and protecting the interests of the public.

Additionally, An Act to Incorporate the NB Real Estate Association plays a significant role by supporting the association that advocates for the interests of real estate professionals in the province. This act contributes to the establishment of standards and practices that are vital for the functioning of the real estate industry.

Together, these acts create a comprehensive legal structure that supports and regulates real estate transactions, ensuring that licensed professionals adhere to the law while serving clients in New Brunswick. Other choices reference acts that may provide regulatory frameworks for different aspects of property and real estate but do not specifically align with the fundamental statutory requirements set for licensees in the province.