ANAMBRA ASSEMBLY PASSES BILL TO REGULATE REAL ESTATE AGENTS, DEVELOPERS. (PHOTO).
Anambra Assembly Passes Bill to Regulate Real Estate Agents, Developers The Anambra State House of Assembly has passed a bill seeking to establish the Anambra State Real Estate Agents and Developers Regulatory Agency. The bill, sponsored by the member representing Nnewi South One Constituency, Honourable Nonso Atuchukwu, scaled through legislative scrutiny before its passage. Atuchukwu said the proposed law is designed to create and empower a regulatory agency to coordinate and oversee the activities of real estate agents and developers, with the aim of ensuring sanity, fairness, credibility, and healthy land and property transactions across the state. Contributing to the debate, the member representing Onitsha North Constituency Two, Barrister Patrick Okafor, noted that the bill would help sanitise the housing sector by tackling challenges such as abandoned properties, multiple sales and resales of land, and the activities of fake estate agents. In his remarks, the Speaker of the...

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