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Ethics+and+Law+in+Marketing+of+Real+Estate

Ethics+and+Law+in+Marketing+of+Real+Estate - Ethics and Law...

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Click to edit Master subtitle style Ethics and Law in the Selling of Real Estate
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The legal test  The motive test  The consequence test  The utilitarian test  The rights test  The justice test The social contract test The duties test  Ethics Tests
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Real estate laws The Deceptive Trade Practices Act Ex: you say all’s good, when the foundation is cracked Interstate Land Sales Full Disclosure Act Report conditions of sales and properties to HUD Real Estate Settlement Procedures Act (RESPA) Equal Credit Opportunity Act Can’t deny anyone a house (mostly single moms) Truth in Lending Act Can’t say interest is 8% when it’s really 10% Fair Housing Law Can’t discriminate on race, color, familial status, etc. National Environmental Policy Act (NEPA) Housing can’t impact environment in negative way (pollution, animals, etc.)
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