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    CODE OF ETHICS Reviewer

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    dexter bangoy
    The document outlines a code of ethics for real estate professionals (RESP) in the Philippines. It covers RESP responsibilities to the government, general public, clients, fellow practitioners, and their professional association. The code addresses issues like honesty, confidentiality, fees, continuing education. It establishes rules for upholding integrity and protecting the public interest.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    CODE OF ETHICS Reviewer

    Uploaded by

    dexter bangoy
    58 views3 pages
    The document outlines a code of ethics for real estate professionals (RESP) in the Philippines. It covers RESP responsibilities to the government, general public, clients, fellow practitioners, and their professional association. The code addresses issues like honesty, confidentiality, fees, continuing education. It establishes rules for upholding integrity and protecting the public interest.

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    CODE-OF-ETHICS-Reviewer

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    The document outlines a code of ethics for real estate professionals (RESP) in the Philippines. It covers RESP responsibilities to the government, general public, clients, fellow practitioners, and their professional association. The code addresses issues like honesty, confidentiality, fees, continuing education. It establishes rules for upholding integrity and protecting the public interest.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    58 views3 pages

    CODE OF ETHICS Reviewer

    Uploaded by

    dexter bangoy
    The document outlines a code of ethics for real estate professionals (RESP) in the Philippines. It covers RESP responsibilities to the government, general public, clients, fellow practitioners, and their professional association. The code addresses issues like honesty, confidentiality, fees, continuing education. It establishes rules for upholding integrity and protecting the public interest.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    CODE OF ETHICS

    Article I - Covers all acts of CAABS: RE Consultants, RE Appraisers, RE


    Assessors, RE Brokers, RE Salespersons

    Article II - Provisions and Declaration of Principles - CECUP

    1. RESP shall uphold the Constitution and all the laws of the Republic of
    the Philippines.

    2. RESP shall Exercise the profession with utmost Integrity, Fidelity,


    Responsibility, Sincerity, Respect and Courtesy. (InFiReSiReCo)

    3. RESP shall Comply with the Policies, Rules and Regulations


    promulgated by the Board and the Commission.

    4. RESP shall Uphold the generally accepted local and international


    technical and ethical standard related to the practice of the profession.

    5. RESP shall Promote the values of camaraderie, unity, solidarity and


    synergy in hi professional relationship.

    Article III - Rules of Ethics and Responsibilities

    Sec 1. To the Govt (set, secure, pay)

    a. RESP shall always set a good example as a responsible law-abiding


    citizen.

    b. RESP shall secure all necessary licenses, permits and authority as


    may be required by law, ordinance or rules and regulations.

    c. RESP shall pay correct taxes and fees required by law. They shall not
    encourage, tolerate, participate, directly or indirectly, in the evasion or
    illegal reduction of any payment that is due to the government.

    Sec 2. To the General Public (contribute, cooperate, enhance,


    participate)

    a. RESP shall contribute to the promotion of the common good by


    engaging in social responsibility activities and initiatives.

    b. RESP shall cooperate with the government and the AIPO in protecting
    the public against fraud, misrepresentation, and unethical practices of
    licensed, unlicensed and unauthorized individuals or parties that
    adversely affect the integrity of the profession.

    c. RESP shall enhance his competency, proficiency and expertise in the


    practice by keeping abreast of the latest trends and developments in
    the field of real estate service through the involvement in CPD
    activities.

    d. RESP shall participate in the proactive development of real estate


    service by imparting knowledge, technical training, experiences,
    studies or research, except those that are deemed classified or
    confidential which may only be disclosed upon the consent of the
    parties concerned or lawful order of competent authorities.

    Sec 3. To the client (honest, good faith, confidentiality, disclose, not


    accept, transparency)

    a. RESP shall be honest and trustworthy and shall observe impartiality,


    fairness and loyalty in his practice.

    b. RESP shall exercise good faith in protecting and promoting the


    interest of the client in relation to that of the other parties concerned.

    c. RESP shall strictly observe client-practitioner confidentiality.

    d. RESP shall fully and truthfully disclose all pertinent material facts
    involved in the engagement.

    e. RESP shall charge or collect professional fee which is fair and


    reasonable in accordance with real estate industry practice.

    f. RESP shall not accept PFs or valuable consideration from other


    parties unless with full disclosure and permission from the client.

    g. RESP shall always maintain transparency in all dealings with client.

    Sec 4. To fellow practitioners (fair, respect, use with consent)

    a. RESP shall act with fairness, justice and good faith in the exercise of
    his rights and performance of his duties.

    b. RESP shall respect the dignity, honor, good reputation and privacy of
    fellow practitioners.
    c. RESP shall use or furnish transactional documents only with the
    written consent of the practitioner where the documents originated.

    Sec 5. To the AIPO (actively participate, abide)

    a. RESP shall support the AIPO by actively participating in its programs


    and activities.

    b. RESP shall abide by the procedures on mediation, conciliation and


    arbitration of grievances and disputes.

    Article IV - Duties and Responsibilities

    Sec 1. RESP shall live up to the tenets enshrined in the Oath of


    Professional which he has sworn to abide by in the practice of the
    profession.

    Sec 2. RESP shall provide his services in a competent, dedicated and


    ethical manner compatible with the independence and integrity of the
    profession.

    Sec 3. RESP shall faithfully comply with this Code of Ethics and
    Responsibilities as well as with the separate Codes that will hereinafter be
    issued for each of the real estate service disciplines.

    Sec 4. RESP shall honor and abide by his commitments with other
    parties. Such agreement must be in consonance with the laws, public
    order, public policy, morals, good custom and this Code.

    Article V - Final Provision

    Subject to due process, violation of the Code of Ethics and


    Responsibilities shall give rise to the imposition of sanctions such as
    reprimand, suspension or revocation of license and other penalties
    pursuant to Sec 19, Art II and Sec 39 Art V of RA 9646.

    Article VI - Effectivity – August 14, 2019

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