Code of Ethics Case Studies

Duties to Clients and Customers
Articles 1-9
   Duties to the Public   
Articles 10-14
   Duties to REALTORS®   
Articles 15-17

Duties to Clients and Customers - (Articles 1-9)

Case #1-1: Fidelity to Client
Case #1-2: Honest Treatment of All Parties
Case #1-3: Net Listing
Case #1-6: Fidelity to Client's Interest
Case #1-7: Obligation to Protect Client's Interests
Case #1-10: Obligations Under Exclusive Listing
Case #1-13: Obligation to Present Subsequent Offers After an Offer to Purchase
Has Been Accepted by the Seller
Case #1-15: Obligation to Advise Client on Market Value
Case #1-16: Obligation to Advise Client of Market Value
Case #1-18: REALTOR® Not Responsible for Legal Advice
Case #1-20: REALTORS®Buying and Selling to One Another
Are Still Considered REALTORS
®
Case #1-23: Claims of Guaranteed Savings
Case #1-28: Disclosure of Existence of Offers to Prospective Purchasers
Case #2-1: Disclosure of Pertinent Facts
Case #2-2: Responsibility for Sales Associate's Error
Case #2-3: Obligation to Disclose Defects
Case #2-4: Obligation to Ascertain Pertinent Facts
Case #2-6: Misrepresentation
Case #2-8: Misrepresentation
Case #3-1: Rules of MLS May Not Circumvent
Case #3-4: Cooperation Not Mandatory
Case #3-5: Refusal to Extend Cooperation In Sale of New Homes
Case #4-2: Indirect Interest in Buyer
Case #4-4: Responsibility for Subordinates
Case #4-6: Disclosure of Secured Interest in Listed Property
Case #5-1: Contemplated Interest in Property Appraised
Case #6-2: Manager's Use of Client's Property for Vending Machines
Case #6-4: Acceptance of Rebates From Contractors
Case #7-1: Acceptance of Compensation from Buyer and Seller
Case #8-1: Failure to Put Deposit in Separate Account

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