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Professional Ethics and Standards Flashcards

7 cards from real CAM practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Professional Ethics and Standards flashcards as text
  1. A prospective resident offers you a personal gift to secure a specific apartment unit. What is the ethical course of action?

    Answer: Decline the gift and explain your community's policy on impartiality

    Accepting personal gifts from applicants creates a conflict of interest and violates professional ethics; declining and explaining policy maintains impartiality.

  2. Which professional standard requires apartment managers to keep resident financial and personal data confidential?

    Answer: Confidentiality obligation

    The confidentiality obligation requires property managers to protect residents' personal and financial information from unauthorized disclosure.

  3. A maintenance technician reports to you that a colleague is falsifying work order completion records. As a CAM, you should:

    Answer: Document the report and bring it to the attention of ownership or HR

    Ethical management requires documenting misconduct reports and escalating them through proper channels rather than ignoring or handling them informally.

  4. The IREM Code of Professional Ethics primarily obligates members to act with integrity toward:

    Answer: The public, clients, and the profession

    The IREM Code of Professional Ethics requires members to uphold integrity in dealings with the public, clients, and the real estate management profession.

  5. A resident requests that you alter lease documentation to reflect a lower income on their file for personal reasons. The ethical response is to:

    Answer: Refuse and explain that falsifying documents is illegal and unethical

    Falsifying lease documentation is both illegal and unethical; a professional manager must refuse and clearly communicate the reason.

  6. When a CAM discovers a potential conflict of interest with a vendor, the best ethical practice is to:

    Answer: Disclose the conflict to ownership and recuse themselves from vendor decisions

    Disclosing conflicts of interest to ownership and recusing oneself from related decisions is the ethical standard for maintaining trust and transparency.

  7. Professional ethics in apartment management require that advertising for available units must:

    Answer: Be truthful, non-discriminatory, and compliant with fair housing laws

    Ethical advertising must be truthful, avoid discriminatory language, and comply with Fair Housing Act requirements.