This course is the fourth in a series intended to help real estate licensees develop an increased awareness of ethics in general and to help members of the National Association of REALTORSŪ (NAR) recognize and avoid conduct likely to cause disciplinary action. This course focuses on how adherence to a high level of professional conduct increases the public's awareness of real estate licensees as professionals and results in better service to the real estate licensee's clients and customers. Decreasing exposure to legal liability, while increasing the level of professionalism and services offered to clients, can result in a successful business for the REALTORŪ and non-REALTORŪ alike.
This is an overview course that focuses on Articles 1, 4, 8, 9, 10, 12, 15, 16, and 17 of the NAR Code of Ethics, the California Business and Professions Code, and the enforcement of ethics by the DRE. Specifically, after completing this course, you will be able to accomplish the following objectives.
- Identify the primary functions of the National Association of REALTORSŪ
- Describe the legal obligations of real estate licensees according to Articles 1, 4, 8, 9, 10, 12, 15, 16, and 17
- Describe how a dispute over the procuring cause is resolved
- Recognize what type of penalties the California Business and Professions Code ("B&P Code") allows the DRE to impose
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