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GRI Brokerage Questions and Complete Solutions Graded A+
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GRI Brokerage Questions and Complete Solutions Graded A+
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GRI BrokerageQuestions 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
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