Code of Ethics

For

Hooked Rug Appraisers

 

Conduct

 

          The purpose of the appraisal and ownership of the property should be established before beginning an appraisal.

 

          An appraisal will be impartial, objective, independent, without personal interests as to the value of the property.

 

           It is unethical to appraise beyond one’s knowledge, ability, or expertise.

 

          Professional courtesy toward other appraisers will be maintained at all times.

 

          Appraisers should avoid the appearance of conflict of interest.

 

 

 

 

Management

 

          Compensation for an appraisal will not be based on a predetermined value.

 

          No appraisal will be made without a physical examination of the property.

 

 

 

 

Confidentiality

 

          The appraiser will protect the confidentiality of the client/appraiser relationship by not disclosing any information or assignment results.

 

 

 

 

Recording keeping

 

          Client information will be given in uniform, precise, clear words using common understanding standards.

            Records will be kept for five (5) years.