Chapter 6 "Ethics of Practice as a License Holder Flashcards Preview

Texas Real Estate Principles 1 > Chapter 6 "Ethics of Practice as a License Holder > Flashcards

Flashcards in Chapter 6 "Ethics of Practice as a License Holder Deck (7)
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1
Q

Fidelity

A

The agent’s primary duty is to represent the interests of the client.

2
Q

Integrity

A

The agent must be honest and morally sound.

3
Q

Competency

A

The agent must be knowledgeable about national, state, and local issues and conditions.

4
Q

Consumer Information Form 1-2

A

The broker must display a notice concerning the real estate recovery trust account.

5
Q

Discriminatory practices

A

The agent may not discriminate based on legally protected classes.

6
Q

Information About Brokerage Services

A

The agent must provide the notice explaining brokerage services in Texas.

7
Q

A member of the National Association REALTORS who violate the NAR Code of Ethics can be disciplined by TREC if..

A

A complaint were to be filed with TREC