2
ETH001 Newest Exam with accurate detailed solutions || || || || || ||
A CPM Member was accused of rejecting two job applicants due to their race - ✔✔Article
|| || || || || || || || || || || || || || || ||
11 - Equal Opportunity
|| || ||
A CPM Member used a family member as the snow removal vendor for a property. A slip
|| || || || || || || || || || || || || || || || ||
and fall accident occurred on the property as a result of sidewalks that were not adequately
|| || || || || || || || || || || || || || || ||
salted. The CPM Member was accused of not enforcing company standards with the family
|| || || || || || || || || || || || || ||
vendor - ✔✔Article 7 - Conflict of Interest
|| || || || || || ||
Article 8 - Managing the Assets of the Client
|| || || || || || || ||
Article 12 - Duty to Tenants and Others
|| || || || || || ||
When leaving a company, a CPM Member made a copy of expensive accounting software
|| || || || || || || || || || || || || ||
that belonged to the company. - ✔✔Article 9 - Duty to Former Clients and Former Firms or
|| || || || || || || || || || || || || || || || ||
Employers
Article 10 - Compliance with Laws and Regulations
|| || || || || || ||
A CPM Member used security deposit funds for emergency repair costs rather than
|| || || || || || || || || || || || ||
maintaining them in an escrow account - ✔✔Article 3 - Accounting and Reporting
|| || || || || || || || || || || || ||
Article 4 - Protection of Funds
|| || || || ||
Article 6 - Contracts || || ||
, 2
A CPM Candidate cheated on the CPM Exam - ✔✔Pledge
|| || || || || || || || ||
In real estate management, more disputes stem from ______________ than from any other
|| || || || || || || || || || || || ||
cause - ✔✔Real or perceived conflicts of interest
|| || || || || || ||
Top 4 Sources of Conflict - ✔✔1) external business affiliations
|| || || || || || || || ||
2) business gifts or entertainment that might appear to be bribes
|| || || || || || || || || ||
3) use of confidential information to further your own, private interests
|| || || || || || || || || || ||
4) influence peddling - soliciting money, gifts, or favors in exchange for using your influence
|| || || || || || || || || || || || || ||
to change the outcome of an event of a transaction
|| || || || || || || || || ||
Ethics Hearing and Dispute Board - Discipline Measures - ✔✔Letter of Censure - can be
|| || || || || || || || || || || || || || ||
published or not published, does not affect the respondent's membership status
|| || || || || || || || || ||
Suspension of Membership - can last from 1 month to 3 years, always published, loses all
|| || || || || || || || || || || || || || || ||
benefits of membership but must stay current with dues and fees, respondent's status is
|| || || || || || || || || || || || || ||
immediately activated at the end of the suspension period provided all conditions are met
|| || || || || || || || || || || || ||
Termination of Membership Status - always published, may reapply for membership after 5
|| || || || || || || || || || || || ||
years
The founders of IREM created IREM because they recognized a need within real estate
|| || || || || || || || || || || || || ||
management for - ✔✔Ethical standards || || || ||
ETH001 Newest Exam with accurate detailed solutions || || || || || ||
A CPM Member was accused of rejecting two job applicants due to their race - ✔✔Article
|| || || || || || || || || || || || || || || ||
11 - Equal Opportunity
|| || ||
A CPM Member used a family member as the snow removal vendor for a property. A slip
|| || || || || || || || || || || || || || || || ||
and fall accident occurred on the property as a result of sidewalks that were not adequately
|| || || || || || || || || || || || || || || ||
salted. The CPM Member was accused of not enforcing company standards with the family
|| || || || || || || || || || || || || ||
vendor - ✔✔Article 7 - Conflict of Interest
|| || || || || || ||
Article 8 - Managing the Assets of the Client
|| || || || || || || ||
Article 12 - Duty to Tenants and Others
|| || || || || || ||
When leaving a company, a CPM Member made a copy of expensive accounting software
|| || || || || || || || || || || || || ||
that belonged to the company. - ✔✔Article 9 - Duty to Former Clients and Former Firms or
|| || || || || || || || || || || || || || || || ||
Employers
Article 10 - Compliance with Laws and Regulations
|| || || || || || ||
A CPM Member used security deposit funds for emergency repair costs rather than
|| || || || || || || || || || || || ||
maintaining them in an escrow account - ✔✔Article 3 - Accounting and Reporting
|| || || || || || || || || || || || ||
Article 4 - Protection of Funds
|| || || || ||
Article 6 - Contracts || || ||
, 2
A CPM Candidate cheated on the CPM Exam - ✔✔Pledge
|| || || || || || || || ||
In real estate management, more disputes stem from ______________ than from any other
|| || || || || || || || || || || || ||
cause - ✔✔Real or perceived conflicts of interest
|| || || || || || ||
Top 4 Sources of Conflict - ✔✔1) external business affiliations
|| || || || || || || || ||
2) business gifts or entertainment that might appear to be bribes
|| || || || || || || || || ||
3) use of confidential information to further your own, private interests
|| || || || || || || || || || ||
4) influence peddling - soliciting money, gifts, or favors in exchange for using your influence
|| || || || || || || || || || || || || ||
to change the outcome of an event of a transaction
|| || || || || || || || || ||
Ethics Hearing and Dispute Board - Discipline Measures - ✔✔Letter of Censure - can be
|| || || || || || || || || || || || || || ||
published or not published, does not affect the respondent's membership status
|| || || || || || || || || ||
Suspension of Membership - can last from 1 month to 3 years, always published, loses all
|| || || || || || || || || || || || || || || ||
benefits of membership but must stay current with dues and fees, respondent's status is
|| || || || || || || || || || || || || ||
immediately activated at the end of the suspension period provided all conditions are met
|| || || || || || || || || || || || ||
Termination of Membership Status - always published, may reapply for membership after 5
|| || || || || || || || || || || || ||
years
The founders of IREM created IREM because they recognized a need within real estate
|| || || || || || || || || || || || || ||
management for - ✔✔Ethical standards || || || ||
