All government laws are important, federal, state and local.  

I know this is part of your real estate training but isn't the answer obvious? We all have to abide by state and local laws as well as federal. It applies to what is important at more local levels.

All of them if you want to stay out of real estate jail!

Mary Yonkers nailed this one!

If you have to ask this question, you may be considering the wrong career.

So, the answer really does not matter right? You just need to post a questions and you passed?

Thank you Mary Yonkers you have the right answer.

morgan stone Many State laws augment federal laws.

Mary Yonkers has an excellent answer.  Simple and true.  

Because they exist... and I need to agree with Roy Kelley that if you really need to ask this question, you might be considering the wrong career. No issue with your needing to ask questions, but why not make them meaningful?

Because states like to feel they're important too!  :)

Because federal laws set the overall tone and state laws get into specifics on how the laws are implemented in each state.  Same with the county and city level.

Housing guidelines are one example.  Feds say "equal housing for all", states mandate X amount of housing for low income families, counties and cities implement "section 8" subsidies and require a precentage of all new construction to be low income.

Marijuana is an interesting example of this working backwards where the states and cities are trumping the federal laws (which they aren't supposed to be able to do).

Gives government workers on several levels a reason to cash their paychecks

All laws are important.

They go hand and hand when it comes to real estate

local ordinances have a pronounced effact on what one can do and can not do.

I am licensed in California which is a "trustee" state and Hawaii which is a "lien" state. Go ask what those differences are in class.

It is due to the way that your country's constitution and legal system work.

State laws vary from state to state. Knowing them is you reponsibility. Start with the law of agency. There may also be municipal codes that need to be followed.

if it's a law, it's important....doesn't matter from which level the law originates.... better follow it... 

To keep you from getting fined and/or going to jail.

State laws are more restrictive than Federal Laws since they are typically focusing on the State-area needs. 

States police themselves & also adhere to federal guidelines its the order under which we all agreed to operate under. It makes for a perfect Union

There are more state lws then federal laws in some cases. Not following them can lead to bi probems such as fines and or jail Learn the law, follow the law and repeat

The broker relations alone are a crazy quilt in the US.

Those laws got put there because certain problems existed before that, possibly from a gap in the federal legislation, although we don't know that until we look into the actual history.  Laws get passed because they're seen as a solution.

morgan stone - state laws are on top of the federal laws. And we better 'obey' them....

Because they control the local (State) rules and regs. They keep you out of trouble.

Laws are there to protect both us and our clients

What Patricia Kennedy said!

Morgan,

We have to be aware of all the laws, and follow them...A

Each state has different laws in addition to the federal laws that must be followed.  So, as Pat said, all of them are critical to keeping you out of real estate jail!  Good luck with your class!