One reason why real estate agent licensing should be made more stringent is so agents, and their brokers, and their clients, don’t end up in court. Another reason is that laws vary from state to state — so if you think you know it all in your state and decide to move to [...]
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Test your investment analysis skills with this quiz. Answers tomorrow. If you can’t wait, follow the link at the end. Here goes.
You bought a piece of commercial real estate as an investment for $900,000 last month. You put 30% down. Because this was a former gas station site, you had to do some [...]
1. C. When the Code of Ethics was adopted in 1913, the rule of law was “caveat emptor” (buyer beware). The Code took a different approach. Many of the Articles are founded on protecting the consumer.
2. A.
3. A. Notice the question said Preamble. It is aspirational based on the Golden Rule. [...]
Test your knowledge of the NAR Code of Ethics.
1. The Code of Ethics is based on the concept:
a. Let the buyer beware
b. Let the seller beware
c. Let the public be served
d. Let the public be dammed, how do I get paid?
2. The Code of Ethics was adopted:
a. To establish standards of conduct for the indistry
b. [...]