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The term “Realtor” denotes:

Correct Answer

B) authorization to provide real estate settlement services.

Realtor is a trademark for members of the National Association of Realtors (NAR).

Answer Options
A
authorization to conduct real estate transactions.
B
authorization to provide real estate settlement services.
C
a higher legal standard of ethical conduct.
D
membership in a real estate trade organization.
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Related Topics & Key Terms

Related Topics:

real-estate-licensing-requirementscode-of-ethics-in-real-estatetrademark-law-in-real-estate

Key Terms:

Realtor trademarkNational Association of RealtorsNAR Code of Ethicsmembership designationLanham Act
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