CANON 1 – Professionalism
Members conduct their business in a professional manner,
ensuring that their personnel are knowledgeable in the
areas of real estate finance in which they participate
and are acting in compliance with sound industry
practices.
CANON 2 – Integrity and Confidentiality
Members act in a manner that recognizes
that integrity and confidentiality are essential in the
real estate finance industry.
CANON 3 – Public Trust
Members do not commit fraud or
misrepresentation against the public and do endeavor to
protect the public against fraud, misrepresentation and
unethical practices in the real estate finance business.
Members help eliminate or prevent practices which could
be damaging to the public or to the integrity of the real
estate finance industry.
CANON 4 – Fiduciary Responsibilities
Members maintain and use money or property
held on behalf of others in a prudent, identifiable manner
and for the purposes such were received.
CANON 5 – Disclosure of Information
Members provide accurate, timely and meaningful
information to those with whom they do business.
CANON 6 – Conflicts of Interest
Members disclose any financial or other
conflicts of interest.
CANON 7 – Compliance with Laws
Members act in conformity with applicable
laws and regulations and cooperate in every appropriate way
with governmental bodies.
CANON 8 – Non-discrimination
Members conduct their business without regard
to the race, color, sex, religion, marital status, national
origin, or age of the persons with whom they deal.
CANON 9 – Honesty in Advertising
Member advertisements and solicitations
accurately describe products and services, using clear,
simple, truthful and understandable statements.
CANON 10 – Sanctity of Agreements
Members do not breach or avoid an agreement
or commitment, whether written or oral.
CANON 11 – Competition
Members support healthy competition in the
real estate finance industry.
CANON 12 – Ethics Compliance
Members and their employees engaged in real
estate finance are familiar with and comply with these
Canons. Members cooperate, promptly and in good faith, with
any investigation related to compliance with these Canons.
Failure to so cooperate may result in suspension from or
termination of membership.
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