Top 15 of 17 NAR Ethics Articles (October 2021 through May 2023):
#1 is Article 1
#2 is Article 2
#3 is Article 16
#4 is Article 12
#5 is Article 17 (arbitration, compensation disputes)
#6 is Article 9
#7 is Article 3
#8 is Article 15
#9 is Article 4
#10 is Article 5
#11 is Article 10
#12 is Article 11
#13 is Article 6
#14 is Article 13
#15 is Article 14
No complaints were filed on Article #7
In a transaction, REALTORS® shall not accept compensation
from more than one party, even if permitted by law, without
disclosure to all parties and the informed consent of the
REALTOR®’s client or clients.
No complaints were filed on Article #8
REALTORS® shall keep in a special account in an appropriate financial institution, separated from their own funds, monies coming into their possession in trust for other persons, such as escrows, trust funds, clients’ monies, and other like items.
Arbitration hearings on compensation are Article #17 and there were arbitration hearings conducted during this time period.
Posted by: Byron King on 06/05/23 (This information is only accurate as of 06/05/23. You must contact SCR for updates and changes to this information after 06/05/23 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org)
This information is not legal advice. This information is intended only to provide general information and may not be relied upon as specific legal guidance. Legal counsel should always be consulted before acting in reliance on this information.