REALTORS® ASSOCIATION

(A Minnesota Non-Profit Corporation Organized Under Chapter 317 of the Minnesota Statutes)

Amended and Adopted August 20, 1987

Revised, April 19, 1988

Revised, January 19, 1990

Revised, September 6, 1991

Revised, December 14, 1994

Revised, July 18, 1995

Amended and Adopted, August 17, 1995

Approved by NAR, October 10, 1996

Revised, July 1997

Revised, April 1998

Revised, May 1998

Revised, June 1999

Revised, March 2000

Revised March 2001

Revised December 2003
Amended and Adopted, February 2005

Approved by NAR June 27, 2005

ARTICLE I Name

ARTICLE II Objectives

ARTICLE III Jurisdiction

ARTICLE IV Membership

ARTICLE V Qualification and Election

ARTICLE VI Privileges and Obligations

ARTICLE VII Professional Standards and Arbitration

ARTICLE VIII Use of The Terms Realtor® and Realtors®

ARTICLE IX State and National Membership

ARTICLE X Dues, Assessments and Other Charges

ARTICLE XI Officers and Directors

ARTICLE XII Meetings

ARTICLE XIII Committees

ARTICLE XIV Fiscal and Elective Year

ARTICLE XV Rules of Order

ARTICLE XVI Amendments

ARTICLE XVII Dissolution

ARTICLE XVIII Indemnification

ARTICLE XIX Multiple Listing Service

The North Metro REALTORS® Association (NMRA), chartered in 1956, represents nearly 3,000 members in all aspects of residential and commercial real estate. Although primarily based in the North Metro area, NMRA represents REALTORS® throughout the Twin Cities and Central Minnesota.

The term REALTOR® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of REALTORS® (NAR) and subscribes to its strict Code of Ethics. NAR was founded in 1908 and is now America's largest trade association, representing over 1 million members. Members of NAR are also members of local and state REALTOR® associations, such as NMRA and the Minnesota Association of REALTORS®.