Governing Documents

This page provides links to NAR's major policy documents including the Code of Ethics, NAR's Constitution and Bylaws, and the model governing documents for local/state associations of REALTORS®.

Click here for information about NAR’s review of local association governing documents.

Code of Ethics

The NAR Code of Ethics and Standards of Practice establishes ethical duties that all REALTORS® agree to follow as a condition of their membership. These duties provide a high level of service and professionalism to clients/customers and are the key factor separating REALTORS® from all other real estate practitioners.

Professionalism in Real Estate Practice provides a concise explanation of the meaning and content of the Code's articles and standards of practice.

NAR Constitution and Bylaws

The National Association of REALTORS® Constitution and Bylaws govern the National Association, its committees, leadership, and the relationship with NAR, state associations, and local associations. Read or download the NAR Constitution and Bylaws.

Model Documents/Policy Publications

The following are provided to develop governing documents for local and state associations of REALTORS® and to apply/enforce REALTOR® Association policy including duties of membership, professional standards, and multiple listings.

  • The Model Bylaws for Local Member Boards sets forth the organizational policies and governing procedures for local associations of REALTORS®. Local association staff can refer to the Model Bylaws as a guide when developing and updating local association bylaws.
  • The Model Bylaws for State Associations sets forth the organizational policies and governing procedures for state associations of REALTORS®. State association staff can refer to the model state bylaws as a guide when developing and updating state association bylaws.
  • The NAR Model Citation Policy assists state and local associations in developing citation policies, including fines, for receiving and resolving ethics complaints.
  • The MLS Commercial Handbook sets forth the model MLS governing documents for commercial and industrial MLSs and commercial information exchanges. 

Related Information