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They must be observed and visible, if in accessible areas. B. When serving a buyer, seller, landlord, tenant or other party in a non-agency capacity, REALTORS remain obligated to treat all parties honestly. Among the duties owed is the duty of disclosure. Unfortunately for REALTORS, the disclosure standards often differ depending on the circumstance. In cases where one of the listing brokers has been compensated by the seller or landlord, the other listing broker, as complainant, may name the first listing broker as respondent and arbitration may proceed between the brokers. Specifically, A.A.C. Disclosure. (Amended 11/87), REALTORS shall not provide access to listed property on terms other than those established by the owner or seller. realtors must discover and disclosealata samina lemon. As a result, a REALTORS failure to properly apply the correct standard can result in personal liability. D. REALTORS, therefore, are zealous to maintain and improve the standards of their calling and share with their fellow REALTORS a common responsibility for its integrity and honor. It is best practice to disclose suspected issues and complete an appropriate investigation. It is safe to say that Arizona laws hold sellers and their REALTORS to strict standards. (Amended 1/93), REALTORS shall disclose the existence of accepted offers, including offers with unresolved contingencies, to any broker seeking cooperation. \text{Sales price per unit}&\text{\$1,000}&\text{\$ 100}&\text{\$160}\\ (Amended 1/95), REALTORS shall not make any unauthorized disclosure or dissemination of the allegations, findings, or decision developed in connection with an ethics hearing or appeal or in connection with an arbitration hearing or procedural review. debt owed by Kanahara. If you are a seller or buyer and your agent fails to follow the principle of full disclosure, you may be able to file a lawsuit and recover damages. \text{Required units to achieve targer profit}\\ What Disclosure Obligations Do REALTORS Owe to Buyers? If Amazon has 432432432 million shares outstanding, what stock price does this correspond to? (Adopted 1/07, Amended 1/18), REALTORS intending to share or sell consumer information gathered via the Internet shall disclose that possibility in a reasonable and readily apparent manner. Library, Bankruptcy As used in this Code of Ethics, client means the person(s) or entity(ies) with whom a REALTOR or a REALTORs firm has an agency or legally recognized non-agency relationship; customer means a party to a real estate transaction who receives information, services, or benefits but has no contractual relationship with the REALTOR or the REALTORs firm; prospect means a purchaser, seller, tenant, or landlord who is not subject to a representation relationship with the REALTOR or REALTORs firm; agent means a real estate licensee (including brokers and sales associates) acting in an agency relationship as defined by state law or regulation; and broker means a real estate licensee (including brokers and sales associates) acting as an agent or in a legally recognized non-agency capacity.