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CODE OF ETHICS FOR MEMBERS

OF THE Durham REI/Education REI

The ownership and management of real estate is a highly regulated segment of the free enterprise system of the Canada. As such, the members of the Durham Real Estate Investors (Durham REI) must treat this enterprise with the utmost professionalism.

Durham REI / Education REI membership means that each member is part of an organization of people intent on expanding his or her knowledge of real estate investing and management.

We, the members of Durham REI / Education REI:

  • Provide safe and sanitary housing
  • Provide affordable housing opportunities
  • Develop and re-develop housing units which make neighborhoods and communities more attractive and desirable
  • Are visible as active Investment Professionals

In order to pursue these ends in a legal and ethical manner, all members of Durham REI / Education REI will be held to a high standard of ethical behavior that includes, but is not limited to, the following enumerated list of behaviors.

l, as a Durham REI  / Education REI member will:

  1. Not intentionally misrepresent any material fact in my business dealings.
  2. Keep myself informed on matters affecting housing in my community, including local, provincial, and federal laws.
  3. Provide safe and sanitary housing.
  4. Provide assistance to fellow Durham REI / Education REI members whenever prudent and appropriate.
  5. Act as a positive role model for the professions of Real Estate Investing and Housing Providers when dealing with tenants, the public, the media, government officials, and all others.

   6. Be responsible to complete my own due diligence in all business dealings and will encourage others to do the same.

7. Not malign other  Durham REI / Education REI members.

Those who want the Association to take action against a member for what they perceive to be unethical behavior, as defined in this document, must present their case and evidence of unethical behavior to the Durham REI / Education REI CEO, in writing, for review. The CEO, and two volunteers from the general membership will serve on an Ethics Committee, which the CEO will chair, unless he is directly involved. The Ethics Committee will investigate and review the allegations. The Ethics Committee will submit their findings and make a recommendation to the CEO in a timely manner. The CEO may then impose whatever sanctions it deems appropriate. Such actions may include, but not be limited to, suspension or permanent disbarment from the organization.