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 Realtor's© 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.
This course is composed of approximately 38 pages of text, including one appendix. The section quizzes, cover page and first four pages are not counted as course text content. The course is divided into five sections and one appendix. A review quiz of five questions follows Sections 1, 2, 3 and 4. A quiz score of 60% or greater is required for those quizzes before the student is allowed to proceed to the next Section.
At the end of the course there is a final examination of 40 questions: 35 questions are in true or false format. Five questions are in a multiple choice format. A test score of 75% or greater is required in order to pass the final exam and complete 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.