Final answer:
Property advertisements must be transparent and honest, accurately representing the property, and disclosing material facts.
Step-by-step explanation:
When advertising property under the name of an associate broker, salesperson, or team, certain requirements must be met to ensure ethical and legal compliance. These requirements typically involve transparency and honesty in the presentation of the property. A property advertisement should accurately represent the property and disclose material facts that might affect its value or appeal.
This includes avoiding misleading information, which could be the omission of a nearby landfill or factory that could impact the property's desirability. The individual or firm responsible for the advertisement must also have the legal right to advertise the property, meaning they should either own the property or have an authorized agreement to represent the owner. It is also critical to comply with all applicable real estate laws and regulations regarding advertising.