LAGOS STATE ESTATE AGENCY REGULATORY AUTHORITY LAW

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The Lagos State Estate Agency Regulatory Authority (LASERA) Law is legislation enacted by the Lagos State government to regulate and monitor activities in the real estate industry. The law aims to protect residents of Lagos State from fraudulent activities of real estate agents and developers through proper regulation, monitoring, and enforcement of standards. Additionally, the law provides for the registration and licensing of all real estate practitioners and developers in the state. The LASERA is responsible for the administration and enforcement of this law, ensuring that all real estate transactions are conducted in a transparent and fair manner and that consumers are safeguarded against exploitation.