Real Estate Code of Ethics

Standards of Practice 3-4 and 16-16 still not enforceable in New York
Recently, the NYSAR Legal Hotline has seen an increased number of callers inquiring about the enforcement of Standards of Practice (SOP) 3-4 (formerly 9-9) and 16-16 (formerly 21-16) in the REALTOR Code of Ethics.

Please inform your members that real estate licensees who attempt to enforce either SOP 3-4 and/or SOP 16-16 in New York may be subject to disciplinary action by the Department of State (DOS).