Real Estate Term of the Day: Code of Ethics
CODE OF ETHICS – a statement of principals concerning the behavior of those who subscribe to the code. All REALTORS® are required to subscribe to a code of ethics that defines proper professional behavior and practices (Barron’s Dictionary of Real Estate Terms)
See also: Code of Ethics and Standards of Practice of the National Association of REALTORS® & The difference between real estate brokers and REALTORS®