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.

TIME
CONTENT
LEARNING OBJECTIVES
After this segment, the student will be able to:
15 min
Definitions
Define ethics, code of ethics, the Golden Rule, ethical behavior and unethical behavior.
15 min
Ethics and law
Define and identify examples of ethical vs. unethical actions and legal vs. illegal actions.
15 min
NAR Code of Ethics
Demonstrate a knowledge of the purpose of the NAR Code of Ethics and list the possible penalties for violating the Code.
90 min
NAR Code of Ethics Articles and Standards of Practice
Identify activities covered by Articles 1-23 of the NAR Code of Ethics and the associated Standards of Practice.
45 min
Case studies
Identify examples of ethical and unethical behavior related to the real estate profession.