The Preamble to the Code: a. can be the basis for disciplinary action against a REALTOR.

Question:- The Preamble to the Code:

a. can be the basis for disciplinary action against a REALTOR®.

b. establishes ideals which all REALTORS® should strive to meet.

c. A and B.

d. neither A nor B.

Answer:- The correct option is c. A and B.

Estate-minded members will endeavor to meet standards stated in the Preamble of Code of Ethics. It is a guideline for ethics, but it does not clearly spell out policies or standards in regard to disciplinary actions. In contrast, the inability to meet such high ideals and duties as described within the Preamble could be a justification for taking disciplinary measures.

More specifically, the Preamble indicates REALTORS® expectations to safeguard and advance their clients’ interests, deal with all parties fairly; refrain from exaggeration or misrepresentation, do business in accordance as letter broad-mindedly but not narrowly construing Code of Ethics. Failing to uphold these ideals and obligations contained in the Preamble can be viewed as an infringement of Article 1, Code of Ethics which demands that REALTORS® preserve and promote their clients ‘ interests , customers while keeping all parties honest; they should not make misleading or false pronouncements.

Therefore, while the Preamble itself does not define rules to discipline REALTORS®, actions that do not uphold ideals and duties described in the Preamble may be cited as a violation of where appropriate under Article 1 or other Articles within Code Ethics. Overall, the Preamble lays out lofty ideals that REALTORS® should aim to achieve and is also a guide for ethical behavior which if not followed could result in disciplinary measures.