Under Ohio's Canons of Ethics, a licensee becomes aware that a competing brokerage is using materially misleading property descriptions in its advertising. What is the licensee's ethical obligation?
Correct Answer
B) Report the misleading advertising to the Ohio Division of Real Estate
Under Ohio's Canons of Ethics (OAC 1301:5-1-06), licensees have an affirmative duty to protect the integrity of the profession and the public. Misleading advertising by any licensee violates ORC 4735.18(A)(6), which prohibits false or misleading representations. The appropriate channel for reporting such violations is the Ohio Division of Real Estate and Professional Licensing, which has statutory authority to investigate and discipline licensees. Reporting ensures the matter is handled through the proper regulatory process.
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