Every member of the National Association of Realtors must take hours of instruction about this code of ethics in order to become a member of this association. Realtor® Code of Ethics While the Code of Ethics establishes obligations that may be higher than those mandated by law, in any instance where the Code of Ethics and the law conflict, the obligations of the law must take precedence. A new cycle began January 1, 2019. REALTORS® have been required to take Code of Ethics training in order to keep their membership since 2001. Additionally, it is compulsory that all NAR members continue their training by completing a code of ethics course of not less 2 1/2 hours of instructional time once every four years. Real Estate Agent's Code of Ethics Real estate professionals who are members of NAR, the National Association of Realtors, subscribe to a well-established and respected code of ethics. *REALTORS® who join the Association after January 1, 2019 and attend New Member Orientation have already fulfilled their Code of Ethics training requirement. The real estate industry is evolving and the code of ethics changes with it. CREA's Code of Ethics and Standards of Business Practice has been the measure of professionalism in organized real estate for over 40 years. dealings and to conduct his business inaccordance with the following Code of Ethics adopted by the National Association of Real Estate Boards: Part I. While the Code of Ethics establishes obligations that may be higher than those mandated by law, in any instance where the Code of Ethics and the law conflict, the obligations of the law must take precedence. If the real estate professional (or the broker) you are dealing with is not a REALTOR®, your only recourse may be the state real estate licensing authority or the courts. The current cycle is from January 1, 2019 through December 31, 2020, meaning the last day for completion is 12/31/20. The National Association of REALTORS® Board of Directors made changes to the Code of Ethics at their November 2019 meeting in San Francisco. Professional RelatioR8 ARTICLE 1. Strikeouts indicate deletions. The National Association of Realtors (NAR) Code of Ethics is a set of rules and guidelines which act as a pathway to integrity and professionalism for any real estate agent. The Code of Ethics consists of seventeen Articles and related Standards of Practice. Read the changes to the Code . When contacting the Tennessee Association of Realtors, staff will provide you with information of which local association you would need to call in order to The Code ensures that consumers are served by requiring REALTORS® to cooperate with each other in furthering clients' best interests. The Code is your assurance of dealing with a professional who has your best interests in mind.