The GMAR’s Board of Directors has adopted the National Association of REALTORS
®
(NAR) citation policy for lock box violations. The policy allows for violators to be fined without scheduling an ethics hearing. However, the respondent will still have the right request a due process hearing.
Complaints will still be reviewed by a Grievance Review Panel. After the review, if the Grievance Committee determines that the allegations contain a citable offense , the case will be forwarded to the Citation Policy Committee for the implementation of sanction. The recommended fine for violating articles 1 and 3 of the Code of Ethics (Standards of Practice 1-16 and 3-9) is $5,000. This policy applies to electronic or mechanical lock boxes.
Standard of Practice 1-16
REALTORS® shall not use, or permit or enable others to use, listed or managed property on terms or conditions other than those authorized by the owner or seller. (Adopted 1/12)
Standard of Practice 3-9
REALTORS® shall not provide access to listed property on terms other than those established by the owner or the listing broker.