CODE OF ETHICS

The ownership and management of real estate is a highly regulated segment of the free enterprise system of the United States of America. As such, the members of the GCREIA must treat this enterprise with the utmost professionalism. In order to pursue these ends in a legal and ethical manner, all members of GCREIA will be held to a higher standard of ethical behavior. This includes but is not limited to the following list of behaviors:

1. Greater Cleveland REIA members will not intentionally misrepresent any material fact in their business dealings.

2. Greater Cleveland REIA members will never market any property that they do not have legal control of.

3. Greater Cleveland REIA members should keep themselves informed on matters affecting housing in their community, including local, state, and federal laws.

4. Greater Cleveland REIA members will act as positive role models for the professions of real estate investing and housing providers when dealing with tenants, the public, the media, government officials, and all others.

5. Greater Cleveland REIA members will create safe and sanitary housing.

6. Greater Cleveland REIA members will always seek the counsel of professionals for any issue in which they are not well versed. This includes but is not limited to tax, legal, accounting, economic, or investment advice.

7. Greater Cleveland REIA members agree to disclose and and all known information about any property that may adversely affect the property value, or that may cause the buyer any present or future hardship.

8. Greater Cleveland REIA members will be responsible to complete their own due diligence in all business dealings and will encourage others to do the same.

Further, if any allegations of conduct considered detrimental to the purposes and interest of GCREIA are received in written and signed communication to the management, we will consider the matter. Should a decision to take further action be made, a furnished copy of said allegation(s) to the accused, who shall be given adequate time to reply. Thereafter, management shall take such further action as it may deem proper and in accordance with this code of ethics.

We do reserve the right to revoke any membership, at a pro-rated basis for any conduct we feel is detrimental to the goals of GCREIA.