Standard of Practice 1-9

Posted by PRO Wed, 20 Jun 2007 16:15:00 GMT

The obligation of REALTORS® to preserve confidential information (as defined by state law) provided by their clients in the course of any agency relationship or non-agency relationship recognized by law continues after termination of agency relationships or any nonagency relationships recognized by law. REALTORS® shall not knowingly, during or following the termination of professional relationships with their clients:

  • reveal confidential information of clients; or
  • use confidential information of clients to the disadvantage of clients; or
  • use confidential information of clients for the REALTOR®’s advantage or the advantage of third parties unless:
    • clients consent after full disclosure; or
    • REALTORS® are required by court order; or
    • it is the intention of a client to commit a crime and the information is necessary to prevent the crime; or
    • it is necessary to defend a REALTOR® or the REALTOR®’s employees or associates against an accusation of wrongful conduct.
Information concerning latent material defects is not considered confidential information under this Code of Ethics. (Adopted 1/93, Amended 1/01)

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