REALTOR Code of Ethics: Understanding Article 12 Standards of Practice
What are the Standard of Practice under Article 12 in real estate ethics?
a) None. This is not an Article 12 problem.
b) Standard of Practice 12-6 (status as owner or REALTOR®).
c) Standard of Practice 12-5 (name of firms in ads).
d) Standard of Practice 12-1 ("free" products or services).
Answer
The question concerns the Standards of Practice under Article 12 of the REALTOR Code of Ethics.
Final answer: The question relates to the Standards of Practice under Article 12 of the REALTOR® Code of Ethics. Detailed scenarios for Standards 12-1, 12-5, and 12-6 have been given, but the applicable standard can't be determined without additional context.
Explanation
The question relates to the Standards of Practice under Article 12 of the REALTOR® Code of Ethics. Without the proper context or detail about the real-life situation at hand, it's impossible to provide a concrete answer.
However, Standard of Practice 12-5 involves a REALTOR's obligation to present their firm's name in advertising honestly and clearly. Standard of Practice 12-6 pertains to a REALTOR's responsibility to disclose their status as a real estate professional when buying or selling real estate. Standard of Practice 12-1 is about honesty and transparency in marketing any free products or services.