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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)
Although both of these interactions may be considered very unprofessional; neither violates the Code of Ethics. Joe does not have any obligation to inform other agents of the price, terms, or conditions of offers; in fact, Joe owes a duty of confidentiality to his client and can only disclose that information with his client’s direction and consent.
Marianne is not behaving professionally but no part of the Code of Ethics addresses foul language or intoxication. We’ll look at what actions are violations later in this course.