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Nevada Chapter

SIOR Code of Ethics


Ethics and Professional Standards
SIOR's professional standards process is designed to provide for the fair and efficient evaluation of claimed violations of the SIOR's Code of Ethical Principles and Standards of Professional Practice and the mediation or arbitration of certain financial disputes arising from the real estate-related professional or business activities of Active members or Candidates. The process is grounded in three documents. First, the SIOR Bylaws establish the basic obligations of Active members and Candidates, authorize sanctions for non-compliance, and establish organizational elements, including the Professional Standards Committee, that have roles in the process. Second, SIOR's Code of Ethical Principles and Standards of Professional Practice specifies the substantive rules governing professional conduct and specifies duties to resolve certain financial disputes through mediation or arbitration. Third, the Ethics, Mediation and Arbitration Procedures Manual defines specific procedures, policies, and forms used in ethics enforcement and financial dispute resolution.

The manual is organized as follows: Part I discusses, in general terms, SIOR organizational elements required in ethics and arbitration proceedings. Part II describes the procedures and related policies governing proceedings on claimed violations of ethical obligations. Part III describes the procedures and related policies governing the mediation or arbitration of financial disputes that are subject to resolution by SIOR. Part IV presents a complete set of the forms used in ethics enforcement and financial dispute resolution proceedings. Finally, for immediate reference by manual users, the Code of Ethical Principles and Standards of Professional Practice is included as Part V.

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