What are the NAR Code of Ethics protected classes?
What are the NAR Code of Ethics protected classes?
The Standard of Practice is based on very particular types of speech that are directly connected to the protected classes of race, color, religion, sex, handicap, familial status, national origin, sexual orientation or gender identity under Article 10.
Does the NAR Code of Ethics change?
Since 2001, REALTORS® have been required to take Code of Ethics training to retain their membership. Originally, the training was required every four years, but in 2017, NAR changed the requirement to every two years.
What is a procuring cause?
What is Procuring Cause? The National Association of REALTORS® defines procuring cause as the uninterrupted series of events that results in the successful transaction. There is no single action that makes an agent the procuring cause.
What part of the Code of Ethics and Arbitration Manual details the procedures for conducting arbitration hearings?
Part 12: Outline of Procedure for Conduct of an Arbitration Hearing.
Which of the following categories is specifically protected under the federal Fair Housing Act?
The FHA, to date, includes seven protected classes: race, color, religion, national origin, sex, disability, and familial status. This last term refers to the presence of at least one child under 18 years old, and also protects prospects and tenants who are pregnant or in the process of adopting a child.
What are the 3 major sections of the Code of Ethics?
The Code of Ethics is divided into three major sections, “Duties to Clients and Customers,” “Duties to the Public,” and “Duties to REALTORS.”
When were the Code of Ethics adopted?
1913
You are here NAR’s Code of Ethics, adopted in 1913, was one of the first codifications of ethical duties adopted by any business group.
Who is responsible for enforcing the code of ethics?
Associations of REALTORS®
Associations of REALTORS® are responsible for enforcing the REALTOR® Code of Ethics. The Code of Ethics requires a higher standard of professionalism than what is required by law or regulation. Note that only real estate professionals who choose to become REALTORS® are subject to this code.
What is common law of agency?
CREATION OF AGENCY. An agency is the legal relationship whereby one person, an agent, is authorized by another, a principal, to act on that person’s behalf, and is empowered to do what the principal could lawfully do in person.
What are the Code of Ethics?
A code of ethics is a guide of principles designed to help professionals conduct business honestly and with integrity. A code of ethics, also referred to as an “ethical code,” may encompass areas such as business ethics, a code of professional practice, and an employee code of conduct.
How many types of discipline are there in an ethics hearing?
Discipline in an ethics case may not include more than one form of discipline. T** F 19. The ethics enforcement process includes an initial screening by the Grievance Committee.
What is the ncnar code of ethics?
NAR’s Code of Ethics, adopted in 1913, was one of the first codifications of ethical duties adopted by any business group.
When does the National Association of Realtors code of ethics go into effect?
CODE OF ETHICS AND STANDARDS OF PRACTICE OF THE NATIONAL ASSOCIATION OF REALTORS® Effective January 1, 2021 Where the word REALTORS® is used in this Code and Preamble, it shall be deemed to include REALTOR ASSOCIATE®s.
What does Nar stand for?
NAR’s Code of Ethics and Standards of Practice plus related resources and training. NAR’s Code of Ethics, adopted in 1913, was one of the first codifications of ethical duties adopted by any business group. The Code ensures that consumers are served by requiring REALTORS® to cooperate with each other in furthering clients’ best interests.
