Description

101-Professional Standards...OBJECTIVES:

•Compare regulatory concepts with that of the National Association of REALTORS® (NAR) Code of Ethics

•Interpret key aspirational concepts found in the Preamble to the NAR Code of Ethics;•Apply the concepts established in the Articles of the NAR Code of Ethics.

•Evaluate given scenarios for possible ethics violations based on the concepts and Standards of Practice established in Articles 1, 2, 12, and 17 of the NAR Code of Ethics.

•Outline the primary factors considered by hearing panels in procuring cause disputes.

•Apply the professional standards process for enforcing the NAR Code of Ethics.

•Illustrate with examples the violations of the “Pathways to Professionalism” courtesy and etiquette guidelines.

101-Fair Housing and Diversity...OBJECTIVES:

•Apply definitions of the seven protected classes and their exemptions to daily business encounters.

•Demonstrate behavior compliant with federal fair housing and related laws including the American with Disabilities Act (ADA).

•Compare obligations of the NAR Code of Ethics and REALTOR® Fair Housing Declaration to the requirements of the Fair Housing Act.

•Apply an understanding of the U.S. Housing and Urban Development’s (HUD) complaint and penalty process regarding fair housing violations.

•Demonstrate person-first behavior in the context of diversity.

•Construct a niche marketing plan that reflects an awareness of and sensitivity to diversity.

101-Law...OBJECTIVES:

•Demonstrate behavior consistent with the laws regarding relationships between brokers and associates and licensed and unlicensed persons.

•Demonstrate a working knowledge of general property ownership rights and types, and related applicable laws.

•Demonstrate behavior consistent with the federal laws affecting real estate.

•Demonstrate the ability to address the disclosure of facts affecting title or material value.