Ethics

CODE OF ETHICS OF THE ASSOCIATION OF MEXICAN REAL ESTATE PROFESSIONALS,
BC FIRST SECTION: RELATIONS WITH THE PUBLIC

Article 1: It is primary duty of every real estate professional instruction within their specialty: real estate. The good real estate professional obligation to is therefore keep abreast of everything related to their field of action, report of changes that may affect the property not only within their city but of the nation in general. The knowledge acquired will be fitness contribute towards public opinion when it comes to tax, legislation. Better use of land, planning and other aspects related to the property root.


Article 2: The real estate professional has an obligation to be aware of the conditions of the market goods estate, because among others, they occupy first place in guiding function of the client on the fair value of the real estate property.

Article 3: Is very important role of real estate professionals, customer fraud protection, abuse or immoral practices in the field of real estate. Consequently, they have the duty to help prevent any action harmful to the public, as well as any act that attack the dignity and integrity of the real estate profession. If the practice of such acts comes from some Member of the Mexican Association of real estate professionals, it is the duty of whom such a thing enterase pay the necessary evidence to the National Council of Directors of the Association to the end that, according to the statutes of the same, proceed with the punishment of the offender of this code of ethics.


Article 4: To accept a property for its administration or sale, the real estate professional must know it prior to administer or offer on the market in order to avoid any error for your client, exaggeration of qualities of good offering and concealment of the same report that the veracity of their deal should be the guideline of the shares of real estate professional.


Article 5: The real estate professional shall not perform operations on them what by any cause is injured the interests of some of the Contracting Parties, or a third party, or any real estate professional colleague


Article 6: The real estate professional must not contribute to settle false data in Scriptures and other public instruments, or to falsify statements before any authority. Integrity in all their acts will be the pattern of the good impression that must cause customers, thus corresponding to the deposited confidence in him.

Article 7: The real estate professional, to use any of the methods of advertising, should be very careful of the veracity of the information in the notice appearing, the method chosen must be present and reflect the exact reality and deform in any way.


Article 8: The real estate professional, for protection of the parties involved in an operation, will seek that all data, promises and agreements relating to each transaction stating in writing. Documents should be understood the exact agreement that reach stakeholders who will sign in accordance keeping each somewhat and leaving another in the possession of the real estate professional for their perseverance and file.

SECTION II: CUSTOMER RELATIONS.


Article 9: Accept any business of a client is involved in the awareness of the real estate professional commitment to promote and protect the interests of the same. This is an obligation of loyalty to with who has been entrusted with some business. This duty which is of capital importance brings with if same the need to act with absolute justice and honesty towards all parties involved in a transaction

Article 10: On the guarantee of the interests that have been put in the hands of the real estate professional, those must inform its clientele with absolute truthfulness on the: qualities and defects of the good root to provide or that you want. The ease or difficulty of the operation propalada. In general all circumstances which can surround the business entrusted to him. Likewise the real estate professional ever must oppose that any of the parties involved in the transaction should consult with a lawyer, notary or other professionals on:
The problems that affect the property restrictions or limitations which may weigh on the same effects, etc., that could limit the use or enjoyment of the good envelope you want to operate. If its structural stability is correct if the materials used in the construction are indicated. In general, the real estate professional will provide facilities to all those technicians in different subjects that customers want to see in an operation on any good root.


Article 11: The fees charged the real estate professional shall be fair compensation to his work and knowledge on the subject according to the custom of the square in which is located the well. These fees may be calculated on a percentage basis on the amount of the purchase consideration in the case of sale or lease, or on gross or net income in case of administration, or as fixed in any case amount.


Article 12: Where real estate professionals are interested in acquiring for themselves or for their company any property that you it has been proposed for sale by a customer, you should inform you of this desire and suggest that some expert practice the appraisal of the property in question and on that basis, if both parties agree, the operation must be carried out.


Article 13: To granted the real estate professional a letter of option exclusive contracts with customer committed to preferably working this business. Therefore the real estate professional shall instruct its clientele on the advantages for both sides will be granting this exclusivity.


Article 14: When the professional real estate to make a payment by the client obtains any rebate or discount the bonus will always be for the benefit of the client.

Article 15: The real estate professional will be extremely jealous in the custody of the professional secrecy. For no reason never expose opinions nor will give data for confidential they are about the situation of their customers or what under the professional secrecy has been entrusted to him by his client.


Article 16: Give an opinion on the value of a property real estate professional must perform a careful analyses of toso factors that often and can make the business to deal with. Never shall issue opinions of the value of a property in which you have interest present or may have it unless this fact is clear implementation perfectly delimited to the applicant. It should never emit opinion about the value of property that does not have experience being forced in these cases to consult a appraiser experienced in the plaza. All circumstances be middle in these cases must be disclosed to the client.

Article 17: To advertise a property real estate professional must request authorization from the owner. Never announced the professional real estate properties that have not been offered directly by the owner that if the offer comes from fellow should be asking permission in writing to it to use any means of propaganda on this property

Article 18: The real estate professional will seek bids that made you about the properties we have for sale held in writing. It will be obliged to show to the owner, whatever that these are, in order to regulate their approach and put in condition to decide on the basis of submitted

THIRD SECTION: RELATIONS WITH OTHER REAL ESTATE PROFESSIONALS

Article 19: The real estate professional does not seek advantages over other colleagues and it is your duty to share with them the experience and preparation that has been acquired through his studies and practice in various transactions.


Article 20: If it suggests a difficulty between two real estate professionals from the same organization the arbitration of the matter must be submitted before a court composed of people chosen from among the members of the organization in accordance with the statutes of the same and never in the ordinary courts. The real estate professional must submit to the ruling of the tribunal alluded.

Article 21: When the real estate professional is charged with practices outside of ethics and do not feel guilty you must voluntarily submit the facts to the body which brought the statutes to the National Council of Directors.

Article 23: The real estate professional will not accept an exclusive that has existing other real estate professional. You must respect the rights of the first until that expires within such exclusive, even in the event that the owner wishes to give the exclusive. The real estate professional that accepts an option also undertakes to not cede their rights to a third party without the knowledge and consent of the initial real estate professional and the owner.


Article 24: The real estate professional should cooperate with other real estate professionals in the registration of sales, distributing the commissions on the agreed basis. In the case of exclusive sale, the real estate professional should be treated with real estate professional teammate who gave property for sale and not the owner

Article 25: A real estate professional shall not request the services of an employee of a colleague, without the consent and knowledge of the aforementioned colleague.


Article 26: The announcement of the sale, rental or exchange of a property must not be located in it by more than one real estate professional.


Article 27: In the best interests of society, its partners and its own business, the real estate professional must be legal to your local organization of good roots, peers and active in his work.