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14 Cards in this Set
- Front
- Back
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If, subsequent to the conveyance, it is found that the property demonstration is different from the property which the broker claimed to be, did the broker commit a breach of ethics?
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YES
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If the broker received a firm offer with earnest money, should he show this offer to other prospect in an effort to obtain a better offer before the owner has actually seen the offer?
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NO
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Broker desires to buy a property for himself at the price fixed by the owner and does so through a dummy. Is such practice ethical?
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NO
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Aren't brokers who observe other's for sale and contract the owner about the expiration date of the listing considered unethical operations?
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YES
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When a broker buys a property for himself, disclosed his interest as any buyer but fails to reveal the true market value is he violating the code of ethics?
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YES
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"For Sale Cheap-Lot of 5,000 pesos per square meters, close to government center now only 2000 pesos per square meter cash, sure to double in a few months!" Is this ad considered ethical?
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NO, false promises
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When a Realtor cooperates with another Realtor by giving him a copy of a listing, and the recipient contacts the property owner, endeavoring to obtain an exclusive listing when it expires, would this be considered unethical?
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YES
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Upon suggestion of the Realtor, the third party agreed to understand the consideration of the sale in the contract to minimize capital gains tax, is the act of the Realtor ethical?
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NO
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In cooperative sales, is it ethical for the listing broker to try and persuade his client to accept and offer what he has obtained when the amount is less than the amount presented by the cooperation?
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MAY OR MAY NOT BE
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A broker advertised a hiring for salesperson. Five salespersons from another broker applied. Is it all right for the broker to accept the salespersons without informing the other broker?
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NO
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An appraiser was requested by a client to appraise a property for loan purposed. The appraiser gave an appraisal of 500,000 pesos on representation of the client. Is the act ethical?
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NO
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Can a Real Estate Broker accept commission from the seller and the buyer without the knowledge of both parties?
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NO
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Is it unethical for a broker to advertise a property without authority from the seller?
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YES
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Is the arbitration committee responsible in resolving controversies between brokers?
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YES
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