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Sample of california durable power of attorney Form: What You Should Know

When we deal with others, we should do so with confidence in the knowledge that we can rely upon them to exhibit these conduct values themselves, as set forth in the Code. The Code of Ethics & Standards of Practice As a real estate professional we are expected to protect the personal interests of each party to our actions and to conduct all dealings honestly. While the Code is very important, when it comes to the law and ethics in real estate, we must keep in mind that this is not the only Code we are living by. Rules & Regulations from the Board of Trade The Real Estate Board of California developed the Consumer Broker and Sales Practices Act that is the basis for regulations in the state of California as well as in most states. How to be a Real Estate Broker—US Federal Government When selling or hiring someone for a “real estate brokerage activity” you must have completed and be certified by the New York State Department of State as a Real Estate Broker. The process involves completing an application, passing a written examination, and then passing a final examination. Brokerage Companies and Brokerage Services–FEDERAL, STATE, LOCAL DUTIES Broker(s)—The person(s) who sell or offer to sell securities, loans, commodities, and other nonmonetary, financial products. Brokerage Agencies—The group that assists a broker by furnishing and advising. Brokerage agencies generally receive commissions when they act as principal, but may also receive amounts charged by brokers when offering services to a client. Credentials—Certifications or attestation that a person is a true, lawful, and qualified broker. Credential Inspection—The process by which a potential client may get a list of real estate professionals that may be in his or her neighborhood, a list of a real estate agency(s) to which he or she may hire a real estate broker, and a list of other professionals who may help him/her purchase real estate or sell it, including a list of brokers, sales agents, and other professionals that may be in your business area. A Broker should contact the local Board of Real Estate of his or her jurisdiction to ask about the process of obtaining an inspection. Comply with Rules and Regulations—Rules and regulations which are promulgated by federal, state, or local agencies responsible with regulating financial, investment, and economic activities should be observed.

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