Ethics of Practice Flashcards

1
Q

Licensee

A

anyone that is licensed in real estate

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2
Q

What are the five Canons of Professional Ethics and Conduct?

A

-Fidelity
-Integrity
-Competency
-Consumer Notice Form CN 1-2
-Discriminatory Practices

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3
Q

How often are the NAR Code of Ethics reviewed?

A

Annually

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4
Q

Under which TREC Canon must an agent be faithful and observant to the trust placed in them?

A

Fidelity

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5
Q

Under which TREC Canon must an agent stay informed of developments in the industry?

A

Competency

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