The DOJ oversees investigation and prosecution of antitrust matters and laws that promote competition in the U.S. economy....
Department of Labor (DOL)
DOL administers a variety of federal labor laws, including those that guarantee workers’ rights to safe and healthful working conditions, a minimum hourly wage and overtime pay, unemployment insurance, and other income support. REALTORS®also interact with DOL with respect to independent contract status and association health plans....
Department of Treasury
The Department of Treasury has wide reaching implications for the real estate community as it administers regulations affecting U.S. economic and financial systems. REALTORS®are focused on a range of issues by this agency ranging from tax code interpretations and tax collection to supervision and enforcement over financial institutions, including anti-money…...
Environmental Protection Agency (EPA)
EPA’s rules and regulations impact the real estate industry in several ways. The most direct impact is its enforcement of the Residential Lead-Based Paint Hazard Reduction Act of 1992 as well as required disclosure of lead-based paint in sales and lease transactions involving pre-1978 residential properties. Other EPA issues that…...
Federal Trade Commission (FTC)
The FTC works to ensure that the nation’s markets are vigorous, efficient, and free of restrictions that harm consumers. FTC enforces federal consumer protection laws that prevent fraud, deception, and unfair business practices. The FTC’s rules and regulations primarily impact the real estate industry in the areas of privacy, data…...
Internal Revenue Service (IRS)
The IRS is responsible for collecting taxes and administering the Internal Revenue Code, which contains the great majority of the federal tax laws in the U.S. Its duties also include assisting the Treasury Department in setting tax policy through regulations, which are designed to provide guidance to taxpayers in complying…...