Question

Ethics complaints must typically be filed with the local board or REALTORS® association within ______ days.

a) 30 days
b) 45 days
c) 60 days
d) 90 days

Answer 1

In real estate, ethics complaints should be filed within 180 days after the facts could have been known or after the transaction's conclusion, whichever is later, which differs from the options given in the question.

Step-by-step explanation:

The question regarding when ethics complaints must be filed with the local board or REALTORS® association is specific to the field of real estate and its professional standards. According to the National Association of REALTORS® Code of Ethics and Arbitration Manual, ethics complaints should typically be filed within 180 days after the facts constituting the matter complained of could have been known in the exercise of reasonable diligence or within 180 days after the conclusion of the transaction, whichever is later. The options provided in the question do not include the correct number of days and may represent a misunderstanding of the policy.