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Fair Housing Ada EthicsEthics_and_professionalismEASY

Compliance case Cedar Scenario frames the issue this way. In a Tallahassee transaction, a closing coordinator wants the Florida rule on honest dealing. Which statement is correct?

Correct Answer

C) The REALTOR® Code of Ethics should be used only when the stem expressly identifies the licensee as a REALTOR®.

The REALTOR® Code of Ethics should be used only when the stem expressly identifies the licensee as a REALTOR®. 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
The REALTOR® Code of Ethics should be used only when the stem expressly identifies the licensee as a REALTOR®.
D
Professionalism questions should always be answered by the Code of Ethics even when no REALTOR® status is mentioned.

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Why the Other Options Are Wrong

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Deep Analysis of This Fair Housing Ada Ethics Question

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Background Knowledge for Fair Housing Ada Ethics

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Related Topics & Key Terms

Key Terms:

floridastate_portionethics_and_professionalismfair_housing_ada_ethics

Related Concepts

Market allocation is an illegal antitrust practice in which competing real estate brokerages agree to divide markets among themselves by geographic area, property type, or price range, thereby eliminating competition.

Price fixing is an illegal antitrust practice in which competing real estate brokerages agree to charge the same commission rates, fees, or other pricing for their services. It is a per se violation of the Sherman Antitrust Act.

Florida brokers are required to maintain transaction records and escrow records for a minimum of five years.

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