Ethics [Mandatory]

Course Goals:

This course is designed to provide the student with a comprehensive understanding of the many ethical issues involved in the practice of real estate. The course emphasizes that the standards of ethical conduct in the practice of real estate are based upon the National Association of REALTORS® Code of Ethics and Standards of Practice and upon federal and state laws governing conduct applicable to the practice of real estate. The concept of misrepresentation and all of its implications to the daily practice of real estate is discussed in detail.

The course is organized into three major topic areas: the licensee's ethical conduct with respect to clients and customers, the licensee's duty to the public and the licensee's duties to fellow REALTORS®. A detailed discussion of specific ethical conduct under each of these three general categories will give the licensee an excellent basis upon which to conduct an ethical practice of real estate.

Course Materials:

This course is composed of approximately 3 hours of reading material. The course is divided into five chapters. Review quizzes are inserted between reading material.

At the end of the course is a 20 question final exam containing multiple choice and true/false questions. Students will have to receive a score of 75% or higher on the final exam to pass the course.

The Real Estate Division requires that the final examination is not downloadable or printable. The student will be notified of the number of questions answered correctly after final examination has been completed. The student will NOT be given the questions that were answered incorrectly.