3.0 hours Doing The Right Thing - The Code Course Syllabus
3.0 Elective Hours.
What are the differences between articles and standards of practice?
Articles of the Code of Ethics are broad statements of ethical principles. Standards of Practice expand on and interpret the Articles to which they refer. In a way, this arrangement resembles the way U.S. law works. The Constitution of the United States is the overall law of the land, but as legal cases are adjudicated, common law becomes the basis for interpretation of the Constitution.
Similarly, the Articles of the Code of Ethics contain the fundamental concepts, whereas the Standards of Practice give detailed interpretations of how those concepts are applied to everyday real estate practice.
The National Association of REALTORS® catalogs and publishes case interpretations as a service to its members. These case interpretations describe specific factual situations to which the Articles and/or Standards of Practice can be applied.
Only the Articles of the Code can be violated, while the Standards of Practice can be cited in support of an alleged violation. The basic issue in an ethics complaint is simply whether there has been a violation of the Code of Ethics.
This course is designed to give the real estate professional a working knowledge of the NAR Code of Ethics. Case studies and examples are presented for better understanding.