📜 Real Estate Broker Code of Conduct by SECP
Last Update 6 months ago
SECP has laid out a Code of Conduct for all registered brokers, focusing on transparency, fair dealing, and compliance.
Key Obligations:
- Disclose all material facts about the property
- Avoid conflict of interest between buyer and seller
- Maintain confidentiality of client data
- Provide receipts for payments and retain proper records
- Avoid misrepresentation, false advertising, or coercive tactics
Penalty for Violation: SECP may suspend or cancel licenses, impose fines, or recommend legal action.