Section 0780-05-12-.11 - CODE OF ETHICS(1) Licensees shall discharge their duties with fidelity to the public, their clients, and with fairness and impartiality to all.(2) Opinions expressed by licensees shall only be based on their education, experience, and honest convictions.(3) A licensee shall not disclose any information about the results of an inspection without the approval of the client for whom the inspection was performed, or the client's designated representative.(4) No licensee shall accept compensation or any other consideration from more than one interested party for the same service without the consent of all interested parties.(5) No licensee shall accept or offer commissions or allowances, directly or indirectly, from other parties dealing with the client in connection with work for which the licensee is responsible.(6) No licensee shall express, within the context of an inspection, an appraisal or opinion of the market value of the inspected property.(7) Before the execution of a contract to perform a home inspection, a licensee shall disclose to the client any interest in a business that may affect the client. No licensee shall allow his or her interest in any business to affect the quality or results of the inspection work that the licensee may be called upon to perform.(8) Licensees shall not engage in false or misleading advertising or otherwise misrepresent any matters to the public.Tenn. Comp. R. & Regs. 0780-05-12-.11
Public necessity rule filed April 7, 2006; effective through September 19, 2006. Original rule filed July 3, 2006; effective September 16, 2006.Authority: T.C.A. § 62-6-303(a)(5), (6) [effective July 1, 2006], and Chapter 65 of the Public Acts of 2005, §§ 4, 11, and 12.