The NATIONAL ASSOCIATION OF REALTORS®’ Code of Ethics and Standards of Practice establishes rules for the highest ethical conduct and professionalism. It’s what distinguishes you as REALTORS® from other real estate licensees. Take this quiz to see how well you know your Code.
The Code of Ethics is based on the concept of:
The Code of Ethics was adopted:
The Preamble to the Code:
The Code is primarily enforced through:
The two basic types of complaints that are handled by local associations are:
The three committees or groups that are involved in the Code enforcement process are:
A request for mandatory arbitration is based on:
A request for arbitration is most commonly based on a dispute about:
The concept of procuring cause is used to decide commission disputes in arbitration cases. Which of the following statements is true about the concept of procuring cause?
REALTORS® have an obligation to protect and promote the interests of their clients but also have an obligation to treat all parties:
If a listing broker tells another broker, "I'll cooperate with you," the other broker:
A cooperating broker in a transaction may:
Disciplinary action in an ethics complaint may NOT include: