NAR Quadrennial Code of Ethics - Are you in Compliance?
The second NAR Quadrennial Ethics cycle will end on December 31, 2008. NAR requires that all REALTOR® and REALTOR-ASSOCIATE® members complete a Quadrennial Code of Ethics course once every four years. If you have not completed ethics training since January 1, 2005, you must do so prior to December 31, 2008.
NAR's Code of Ethics Requirement
Frequently Asked Questions
Who Must Satisfy this requirement? All REALTORS® and REALTOR®-Associates regardless of area of specialty (residential, commercial, appraisal, property management, etc.)
What is the Deadline for completing the requirement? December 31, 2008.
What happens if a REALTOR does not satisfy the requirement? He will be suspended from membership for two months or until he satisfies the requirement, whichever is sooner. On March 1, 2009 if he still is not in compliance, then he will be terminated from membership.
I am grandfathered. Why do I have to do this? While some real estate licensees are grandfathered from having to take CE to maintain their real estate license, no REALTORS® or REALTOR®-Associates are grandfathered regarding NAR's Quadrennial ethics requirement.
Is this a MREC requirement? No. This is a NAR requirement and can only affect your REALTOR or REALTOR-Associate membership rights and privileges, not your real estate license.
Will NWMAR be offering a Quadrennial Code of Ethics Class? Yes! NWMAR has several classes scheduled for this year. Upcoming dates are July 11, September 12,
November 7, December 17 and December 18. To register for one of these classes visit www.nwmar.net/edu
Where do I go to take the course online? To take the Quadrennial Code of Ethics online visit http://www.realtor.org/MemPolWeb.nsf/pages/quadrennialethicstrainingcourse?OpenDocument
What courses satisfy the requirement? Each local Association determines which courses satisfy the requirement. NWMAR courses that satisfy the requirement include:
Quadrennial Ethics Classes taught at NMWAR - 4/17-7/11-9/12-11/7-12/17-12/18.
NWMAR New Member Orientation taken from March 2007 to present.
30 Hour Post License taken at NWMAR since March 2007
GRI II taken in Mississippi
NAR Online Quadrennial Code of Ethics Course
How can I confirm that I have satisfied the requirement? Click HERE for a list of members who have NOT taken the Quadrennial Code of Ethics Class.
If you have met this requirement elsewhere please contact us with the course name, date and location or if you have questions or need more information please contact the Board Office at 662-449-3553.