Statutory Law

Definition: Law enacted by a legislative body. An individual enactment is a statute; together, these enactments form statutory law.

Example

Florida's Legislature enacts requirements found in Chapter 475 for real estate licensing and practice.

Keep the distinction clear

Statutes differ from administrative rules and court-developed common law. Courts interpret statutes, while agencies may adopt rules within authority delegated by them.

Related terms

Common Law · Administrative Law · Quasi-Legislative

Keep studying

FREC Course I Syllabus: What to Study for the Sales Associate State Exam

References: Cornell LII: statute

Pronunciation (US): STAT-chuh-tor-ee LAW (capitals show stress)

Pronunciation reference: Merriam-Webster