What is the primary purpose of West Virginia Real Estate Laws?

The primary purpose of West Virginia Real Estate Laws is to protect the public. This encompasses ensuring that real estate practices are conducted fairly and transparently, safeguarding consumers from fraud and unethical behavior within the marketplace. By establishing regulations for real estate professionals, these laws help maintain standards of professional conduct, provide guidelines for transactions, and establish legal recourse for consumers who may be wronged.

This focus on public protection is essential to building trust in the real estate industry, allowing individuals to engage in buying, selling, or renting properties with confidence that their rights and interests are upheld. While it is true that real estate transactions promote economic activity and can generate revenue, the overarching aim of the laws is not to directly drive business or revenue but rather to ensure a fair and safe environment for all parties involved in real estate dealings.