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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.
March
13, 2002 |
