Look at the ethical standards (below) that underlie ethical practice in real estate and relate them to the FIRST 7 Rules in Schedule 1 of theProperty and Stock Agents Regulation. Note more than one rule may be involved for each ethical standard.

• To act fairly and honestly in all dealings
• To show a duty of care to the people you deal with
• Not engage in any misleading or deceptive conduct
• Not mislead anyone in any transaction
• Be truthful and honest in all their dealings
• Reveal all conflicts of interest
• Not take advantage of their position to advance their self-interest to the detriment of others
• Not engage in unconscionable conduct
• Not harass or use high-pressure tactics in any transaction
• Not conceal, hide or remain silent on information that could affect another person's decision