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Fair Housing Ada EthicsEthics_and_professionalismMEDIUM

In a Tampa transaction, a buyer wants the Florida rule on honest dealing. Which statement is correct?

Correct Answer

C) Not every unethical act is a criminal offense, but many unethical acts can still support administrative discipline.

Not every unethical act is a criminal offense, but many unethical acts can still support administrative discipline. This follows F.S. § 475.25; DBPR complaint/enforcement process; NAR Code of Ethics only when REALTOR® is specified.

Answer Options
A
A DBPR complaint has no significance unless a criminal court first convicts the licensee.
B
Any misstatement in marketing becomes acceptable if the licensee later says it was only opinion.
C
Not every unethical act is a criminal offense, but many unethical acts can still support administrative discipline.
D
The REALTOR® Code of Ethics automatically applies to every Florida licensee whether or not the person is a REALTOR® member.

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Related Topics & Key Terms

Key Terms:

floridastate_portionethics_and_professionalismfair_housing_ada_ethics

Related Concepts

Antitrust violations in real estate occur when competing brokerages or agents engage in practices that restrain trade, reduce competition, or harm consumers through collusion. These violations are governed by the Sherman Antitrust Act and can result in severe penalties.

Broker supervision is the legal obligation of a designated or managing broker to oversee and be accountable for the real estate activities of all salespersons and associate brokers operating under their license.

Commingling is the illegal act of mixing client funds with a broker's personal or business operating funds, while conversion is the unauthorized use of client funds for the broker's own benefit. Both are serious violations that can result in license revocation.

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