What is the name of the ethical guidelines used by the National Association of Realtors?

Unlock all questions

This demo includes only 20 questions. Upgrade to access hundreds of questions, flashcards, exam simulations, and disable ads.

Full question bankExam simulationsFlashcards
From $24.99Unlock all

Prepare for the Real Estate Principles 1 Exam. Use flashcards and multiple-choice questions with hints and explanations to ensure success. Get exam-ready today!

Multiple Choice

What is the name of the ethical guidelines used by the National Association of Realtors?

Explanation:
The ethical guidelines used by the National Association of Realtors are the Code of Ethics, which sets the standards for member conduct and spells out duties to clients, customers, the public, and fellow REALTORS. It is enforced as a condition of membership and is supported by the Standards of Practice that interpret how those duties apply in real-world situations. While some organizations use terms like Code of Conduct or Ethics Handbook, the formal name used by NAR is Code of Ethics (often discussed together with the Standards of Practice). The term Realtor Pledge is not the designation used by NAR for its guiding ethics.

The ethical guidelines used by the National Association of Realtors are the Code of Ethics, which sets the standards for member conduct and spells out duties to clients, customers, the public, and fellow REALTORS. It is enforced as a condition of membership and is supported by the Standards of Practice that interpret how those duties apply in real-world situations. While some organizations use terms like Code of Conduct or Ethics Handbook, the formal name used by NAR is Code of Ethics (often discussed together with the Standards of Practice). The term Realtor Pledge is not the designation used by NAR for its guiding ethics.

More Multiple Choice Questions
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy