The power of the government to regulate and supervise real estate law is called?
The California State Constitution gives the government police power to regulate and supervise real estate law. Some states refer to real estate law as “license law.”
The power of the government to regulate and supervise real estate law is known as police power.
Police power refers to the legal authority given to the government to regulate and control different aspects of society to protect public health, safety, and welfare. In the context of real estate law, police power allows the government to regulate the use of land, issue zoning and building regulations, and enforce building codes to ensure safety and protection of the public.
Furthermore, police power also enables the government to enforce real estate contracts, oversee property ownership, and handle disputes that might arise in real estate transactions.
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