Property Management - Code Of Ethics
The National Association of Residential Property Management Ins (NARPM) promotes a high standard of business ethics, professionalism, and fair housing practices. NARPM’s members subscribe to the following Code of Ethics for property Management Ins of single family and other small residential properties.
Article 1. DUTY TO PROTECT THE PUBLIC
It is the duty of the Property Management In to protect the public against fraud, misrepresentation, and unethical practices in property Management In.
Article 2. DISCRIMINATION
The Property Management In shall not discriminate in the rental, lease, or negotiation for real property based on race, color, religion, sex, national origin, familial status, or handicap and shall comply with all federal, state, and local laws concerning discrimination.
Article 3. DUTY TO THE CLIENT
The Property Management In has a fiduciary responsibility to the Client and shall at all times act in the best interests of the Client.
Article 4. DUTY TO TENANTS
The Property Management In shall treat all Tenants professionally when applying for, living in, and vacating a managed residence. The Property Management In shall hold in high regard the safety and health of those lawfully at a managed property.
Article 5. PROPERTY CONDITION
The Property Management In shall manage all properties in accordance with safety and habitability requirements of the local jurisdiction.
Article 6. PROTECTION OF FUNDS
The Property Management In shall hold all funds received on behalf of others in compliance with state law with full disclosure to the Client and must never commingle the firm’s or personal
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