GRI Brokerage Questions and Complete Solutions Graded A+

GRI Brokerage
Questions and
Complete Solutions
Graded A+
Denning [Date] [Course title]

, The Five Canons; Fidelity - Answer: place no personal interest above the client's interest



The Five Canons: Integrity - Answer: -has a special obligation to perform their responsibilities

-must use caution to avoid misrepresentation by acts of commission or omission



The Five Canons of Professional Ethics and Conduct - Answer: Fidelity

Integrity

Competence

Consumer Information Form

Discriminatory Practices



*If a person believes the licensee violated TRELA (The Real Estate License Act) who has jurisdiction of the
complaint? - Answer: TREC



Common TREC complaints: Salespersons - Answer: general negligence, false promises, rebates,
improper referrals and earnest money issues



Common TREC Complaints: Licensure Issues - Answer: criminal background check, denials, probationary
license



Common TREC Complaints: Leasing/Property Management - Answer: misappropriation, includes
commingling, and failure to properly account for money, general negligence, false promises and
referrals



Common TREC Complaints:: Advertising - Answer: includes misleading & DBA



Association of REALTORS receives ethics complaints. Disciplinary action could include: - Answer: a
reprimand

a fine

probation

suspension of membership