Which statement best summarizes the NAR Code of Ethics Article 16: Respect Existing Agreements?

Which statement best summarizes the NAR Code of Ethics Article 16: Respect Existing Agreements?

• A. Don't attempt to steal away someone else's clients.
• B. Always avoid conflicts of interest.
• C. Disclose all material facts even if not asked.
• D. Maintain confidentiality of all information.

Answer: (C)

Respect existing agreements means you don’t interfere with an ongoing agency relationship or try to lure a client away from another REALTOR. The statement about not attempting to steal someone else’s clients best captures that obligation, since it directly addresses honoring existing representation and contracts. The other options describe duties like disclosing material facts, maintaining confidentiality, or avoiding conflicts of interest, which are important but not the specific focus of honoring existing agency agreements.

Respect existing agreements means you don’t interfere with an ongoing agency relationship or try to lure a client away from another REALTOR. The statement about not attempting to steal someone else’s clients best captures that obligation, since it directly addresses honoring existing representation and contracts. The other options describe duties like disclosing material facts, maintaining confidentiality, or avoiding conflicts of interest, which are important but not the specific focus of honoring existing agency agreements.