Which entity regulates the real estate industry in New Brunswick?

The regulation of the real estate industry in New Brunswick is primarily overseen by the Department of Justice. This governmental body is responsible for enforcing the legal framework by which real estate transactions are conducted in the province, including the licensing and oversight of real estate professionals. The Department of Justice ensures that the rules and regulations governing real estate practices are adhered to, thereby protecting the interests of consumers and maintaining the integrity of the real estate market.

While other entities like the New Brunswick Real Estate Association and the Canadian Real Estate Association play important roles in providing support, resources, and advocacy for real estate professionals, they do not have regulatory authority. Local city councils also do not have jurisdiction over the broader real estate industry regulation at the provincial level; they typically handle local zoning and land-use issues. Therefore, the responsibility of regulating the real estate industry lies within the framework set by the Department of Justice.