What is one of the duties of the Board in real estate?

The duty of the Board in real estate encompasses both enforcing regulations and issuing licenses, which is a fundamental aspect of its role. This responsibility ensures that real estate professionals operate within the established laws and guidelines, protecting consumers and maintaining the integrity of the industry.

The enforcement of regulations includes monitoring compliance with state laws, investigating complaints against licensees, and taking disciplinary action when necessary. Additionally, the Board is responsible for issuing licenses to qualified individuals, ensuring that only those who meet specific educational and ethical standards are permitted to practice real estate. This dual function of regulation and licensing is crucial for maintaining professional standards and safeguarding the interests of all parties involved in real estate transactions.

The other options don't encompass the full scope of the Board's duties. Serving only licensed agents restricts its role, overseeing transactions might imply a level of involvement not typical for a regulatory body, and mediating disputes, while important, is often handled through different avenues rather than being a primary duty of the Board.