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Real Estate Code of Ethics Quiz

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Questions and Answers

What are the three major sections of the Code of Ethics?

Duties to Brokers, Duties to the Public, and Duties to Licensees

Duties to Clients and Customer, Duties to Brokers, and Duties to Licensees

Duties to Clients and Customers, Duties to the Public, and Duties to Brokers

Duties to Clients and Customers, Duties to the Public, and Duties to REALTORS® (correct)

Which option does NOT correctly represent a section of the Code of Ethics?

Duties to Licensees

Duties to the Public

Duties to Clients and Customers

Duties to Local Associations (correct)

In the context of the Code of Ethics, which of the following is NOT a listed duty?

Duties to REALTORS®

Duties to the Public

Duties to Clients and Customers

Duties to Contractors (correct)

Which section of the Code of Ethics focuses on responsibilities to fellow real estate professionals?

Duties to REALTORS® Signup and view all the answers

What is included in the Duties to Clients and Customers section of the Code of Ethics?

All of the above Signup and view all the answers

Which of the following sections of the Code of Ethics addresses responsibilities to the public?

Duties to the Public Signup and view all the answers

What is a key focus of the Duties to Clients and Customers section in the Code of Ethics?

Ensuring transparency in transactions Signup and view all the answers

Which option correctly differentiates aspects of the Code of Ethics?

Duties to Clients and Customers, Duties to the Public, Duties to Brokers Signup and view all the answers

Which group is specifically recognized in relation to the Code of Ethics?

REALTORS® Signup and view all the answers

In the context of the Code of Ethics, which aspect is least emphasized?

Protection of private interests Signup and view all the answers

Study Notes

Code of Ethics Sections

The Code of Ethics is divided into three major sections
Duties to clients and customers, duties to brokers, and duties to licensees
Duties to clients and customers, duties to the public, and duties to REALTORS®
Duties to brokers, duties to the public, and duties to licensees
Duties to clients and customers, duties to the public, and duties to brokers

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Description

Test your knowledge on the sections of the Code of Ethics in real estate. This quiz covers the duties owed to clients, brokers, and the public as outlined in the ethical guidelines for REALTORS®. Understand the core principles that govern professional conduct in the industry.