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ETHICS IN REAL ESTATE*
A Review of the NAR Code of Ethics
(3 hours, General)
This Course covers the National Association of Realtors (NAR) Code of Ethics and reviews case studies pertaining to the Code. Sample scenarios are included as a decision making practice for licensees.
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TIME
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CONTENT
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LEARNING OBJECTIVES
After this segment, the student will be able to:
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15 min
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Definitions
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Define ethics, code of ethics, the Golden Rule, ethical behavior and unethical behavior.
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15 min
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Ethics and law
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Define and identify examples of ethical vs. unethical actions and legal vs. illegal actions.
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15 min
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NAR Code of Ethics
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Demonstrate a knowledge of the purpose of the NAR Code of Ethics and list the possible penalties for violating the Code.
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90 min
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NAR Code of Ethics Articles and Standards of Practice
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Identify activities covered by Articles 1-23 of the NAR Code of Ethics and the associated Standards of Practice.
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45 min
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Case studies
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Identify examples of ethical and unethical behavior related to the real estate profession.
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