Code of Ethics-Duties to Clients and Customers
Posted in REALTORS Code of Ethics by Karen Rhodes on November 21st, 2006 In Article 2 we will be discussing disclosure. The article reads:
REALTORS® shall avoid exaggeration, misrepresentation, or concealment of pertinent facts relating to the property or the transaction. REALTORS® shall not, however, be obligated to discover latent defects in the property, to advise on matters outside the scope of their real estate license, or to disclose facts which are confidential under the scope of agency or non-agency relationships as defined by state law. (Amended 1/00)
We must be truthful about properties and transactions. Disclosure is a must if I am aware of any type of problem with the property. However, I am not an expert in many fields
and will not advise on anything outside the scope of my real estate license. Meaning I will not give advise on electrical matters plumbing, roofing, etc. I will however recommend you have a professional inspect anything that we have questions about. And, of course, I will not disclose confidential information of my client.
