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Introduction
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Chapter Objectives
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Key Terms
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Study of the Code of Ethics (Part 1 of 2)
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Need for the Code of Ethics
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Membership in NAR
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Uniqueness of the Code of Ethics (Part 1 of 2)
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Uniqueness of the Code of Ethics (2 of 2)
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Overview of the Code of Ethics
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Preamble (Part 1 of 2)
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Preamble (Part 2 of 2)
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Articles of Standards of Practice ( Part 1 of 2)
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Articles of Standards of Practice (Part 2 of 2)
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Duties to Clients and Customers (Part 1 of 2)
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Duties to Clients and Customers (Part 2 of 2)
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Duties to the Public
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Duties to Realtors
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Referencing Articles in Ethics Complaints (Part 1 of 2)
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Referencing Articles in Ethics Complaints (Part 2 of 2)
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Case Interpretations (Part 1 of 2)
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Case Interpretations (Part 2 of 2)
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Why Study Enforcement
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Primary Enforcement Issues
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Local Enforcement (Part 1 of 3)
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Local Enforcement (Part 2 of 3)
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Local Enforcement (Part 3 of 3)
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Parties to an Ethics Complaint
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Parties to Arbitration
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Ethics Complaints and Arbitration Requests
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How Complaints are Handled
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Grievance Committee
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Professional Standards Committee
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Board of Directors
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Ethics Examples (Part 1 of 2)
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Ethics Examples (Part 2 of 2)
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Arbitration Examples (Part 1 of 2)
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Arbitration Examples (Part 2 of 2)
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The Arbitration Process
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Mandatory Arbitration
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Voluntary Arbitration (Part 1 of 2)
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Voluntary Arbitration (Part 2 of 2)
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Mediation (Part 1 of 2)
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Mediation (Part 2 of 2)
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Conclusion (Part 1 of 2)
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Conclusion (Part 2 of 2)
Lesson 12 of 45
In Progress
Articles of Standards of Practice ( Part 1 of 2)
bryanlenox February 17, 2021
Articles are best defined as broad ethical principles; the Standards of Practice amplify ad explain the Articles. For example, Article 3 is about cooperation and compensation. The Article itself reads:
“REALTORS shall cooperate with other brokers except when cooperation is not in the best interest. The obligation to cooperate does not include the obligation to share commissions, fees, or to otherwise compensate another broker.”