WILLIAM DONALD SCHAEFER, Governor                       Ch. 3

ASSOCIATE REAL ESTATE BROKER OR THE REAL ESTATE SALESPERSON IS
AFFILIATED;

(6)  ACTS OR ATTEMPTS TO ACT FOR MORE THAN 1 PARTY IN
A TRANSACTION WITHOUT THE KNOWLEDGE AND CONSENT OF ALL PARTIES
FOR WHOM THE LICENSEE ACTS;

(7)  RETAINS OR ATTEMPTS TO RETAIN THE SERVICES OF ANY
UNLICENSED INDIVIDUAL AS AN ASSOCIATE REAL ESTATE BROKER OR A
REAL ESTATE SALESPERSON TO EVADE THE LAW PROHIBITING PAYMENT OF A
COMMISSION TO AN UNLICENSED INDIVIDUAL;

(8)  GUARANTEES OR AUTHORIZES OR ALLOWS ANOTHER PERSON
TO GUARANTEE FUTURE PROFITS FROM THE RESALE OF REAL PROPERTY;

(9)  SOLICITS, SELLS, OR OFFERS TO SELL REAL PROPERTY,
SO AS TO INFLUENCE OR ATTEMPT TO INFLUENCE A PROSPECTIVE PARTY TO
THE SALE OF REAL PROPERTY, BY:

(I)  OFFERING A PRIZE OR A FREE LOT;

(II)  CONDUCTING A LOTTERY OR CONTEST; OR

(III)  ADVERTISING "FREE APPRAISALS", UNLESS THE
ADVERTISER IS PREPARED TO APPRAISE THE REAL ESTATE FREE OF CHARGE
FOR ANY PERSON, REGARDLESS OF THE PURPOSE FOR WHICH THE PERSON
REQUESTS THE APPRAISAL;

(10)  ACCEPTS A LISTING CONTRACT TO SELL REAL PROPERTY
THAT FAILS TO PROVIDE A DEFINITE TERMINATION DATE THAT IS
EFFECTIVE AUTOMATICALLY WITHOUT NOTICE FROM THE BUYER OR THE
SELLER;

(11)  ACCEPTS A LISTING CONTRACT TO SELL REAL PROPERTY
THAT PROVIDES FOR A "NET" RETURN TO A SELLER AND LEAVES THE
LICENSEE FREE TO SELL THE REAL PROPERTY AT ANY PRICE HIGHER THAN
THE "NET" PRICE;

(12)  KNOWINGLY SOLICITS A PARTY TO AN EXCLUSIVE
LISTING CONTRACT WITH ANOTHER LICENSEE TO TERMINATE THAT CONTRACT
AND ENTER A NEW CONTRACT WITH THE LICENSEE MAKING THE
SOLICITATION;

(13)  SOLICITS A PARTY TO A SALES CONTRACT, LEASE, OR
AGREEMENT THAT WAS NEGOTIATED BY ANOTHER TO BREACH THE CONTRACT,
LEASE, OR AGREEMENT FOR THE PURPOSE OF SUBSTITUTING A NEW
CONTRACT, LEASE, OR AGREEMENT FOR WHICH THE LICENSEE MAKING THE
SOLICITATION IS EITHER THE REAL ESTATE BROKER OR AN ASSOCIATE
REAL ESTATE BROKER OR A REAL ESTATE SALESPERSON AFFILIATED WITH
THE REAL ESTATE BROKER;

(14)  FOR ANY TRANSACTION IN WHICH THE LICENSEE HAS
SERVED AS OR ON BEHALF OF A REAL ESTATE BROKER, FAILS TO FURNISH
PROMPTLY TO EACH PARTY TO THE TRANSACTION A COPY OF:

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