All members of the Society of Condominium and Homeowner Association Evaluation Professionals are required to adhere to the Standards of Professional Practice and Code of Ethics (schaep’s “Standards”).

 

Members’ respect of and adherence to these tenets are crucial to the execution of schaep’s Mission Statement and of paramount importance to the integrity and professionalism of the organization.

 

The maintenance of the CAEP designation, and continued membership to schaep, is subject to the observance of the following Standards.

 

1. Comply with current standards and practices as may be established by the Society of Condominium and Homeowner Association Evaluation Professionals, subject to all federal, state and local laws, ordinances and regulations, if any, in effect where the Certified Association Evaluation Professional designee practices.

 

2. Not discriminate in any business activities on the basis of race, color, religion, sex, national origin, familial status, sexual orientation, or handicap.

 

3. Participate in continuing professional education through the Society of Condominium and Homeowner Association Evaluation Professionals and other industry related organizations as required.

 

4. Act in the best interests of the client and refrain from making inaccurate or misleading representations or statements, including the avoidance of biased analyses, reports, opinions or conclusions.

 

5. Disclose all relationships in writing to the client regarding any actual, potential or perceived conflicts of interest between the inspector and other parties; any concerns should be voiced before execution of evaluation.

 

6. Not accept or offer any disclosed or undisclosed commissions, referral fees, rebates, profits, or other benefit from real estate agents, brokers, or any third parties having financial interest in the outcome of the evaluation.

 

7. Recognize his or her role as a Certified Association Evaluation Professional and refrain from directly involving himself or herself in any issues or conversations that could generate the potential to jeopardize the impartial outcome of the evaluation and evaluation.

 

8. Place the standards of the Society of Condominium and Homeowner Association Evaluation Professionals above his or her own personal agenda.

 

9. Assist the Society of Condominium and Homeowner Association Evaluation Professionals in fulfilling its role relating to compliance with ethical practices and industry expectations and standards.

 

10. Not represent to anyone as being a Certified Association Evaluation Professional designee until such time as he or she receives written confirmation from the Society of Condominium and Homeowner Association Evaluation Professionals of receipt of the designation.

 

11. Conduct himself or herself in direct accordance with all current requirements of Certified Association Evaluation Professionals as outlined by the Society of Condominium and Homeowner Association Evaluation Professionals.

 

12. Recognize that all documents, original records, files, and studies held by the Evaluation Professional are the property of the client and are to be returned to the client at the end of the Evaluation Professional’s engagement; maintain the duty of confidentiality to all current and former clients.

 

13. Assist the Society of Condominium and Homeowner Association Evaluation Professionals’ leadership in disseminating and publicizing the benefits of schaep membership.

 

14. Abide by the recertification policy of the Society of Condominium and Homeowner Association Evaluation Professionals.

 

If, for any reason, a member is found to be violating the Standards of Professional Practice and Code of Ethics, the CAEP designation will be revoked.

Standards of Professional Practice and Code of Ethics