Code of Ethics

The National Retail Tenants Association has established this Code of Ethics and Standards of Professional Conduct to set forth ethical and professional guidelines for all NRTA members in the administration of Lease-related obligations.

Each member of the NRTA agrees to subscribe to this Code of Ethics and Standards of Professional Conduct and to report to the NRTA Committee on Professional Ethics any unethical practices or actions by any NRTA member.

It is unethical:

  • to engage in any conduct that discredits the NRTA, or the Leasing, Lease Administration or Lease Accounting profession.
  • to engage in any activity that results in a conviction of any crime that involves the Leasing, Lease Administration or Lease Accounting profession.
  • to operate beyond the boundaries of an agreed relationship with an employer or client.
  • to infer or imply that you represent a person or firm you do not represent, or to file any documentation or contact a Landlord, Property Owner or Managing Agent on behalf of any retail corporation or business without specific authorization of that retail corporation or business.
  • to violate the confidential nature of the employee-employer or the consultant-client relationship, except as required by law.
  • to offer or accept anything, which could be construed as a bribe or kickback, with the intent of inducing a specific action.
  • to offer or accept anything of value as a share of a fee for an assignment in which you did not participate.
  • in the performance of a lease audit or a lease negotiation to issue an analysis, agreement or opinion that fails to disclose bias or the accommodation of a personal interest.
  • in the performance of a lease audit or a lease negotiation to willfully furnish inaccurate, deceitful or misleading information, or to willfully conceal material information.
  • to prepare or use in any manner a resume or statement of professional qualifications that is misleading or false.
  • in promoting a Lease Audit practice and soliciting assignments to utilize misleading or false advertising.
  • in promoting a Lease Audit practice and soliciting assignments to make speculative reference to superiority over an individual competitor.
  • in promoting a Lease Audit practice and soliciting assignments to reveal specific information obtained from work performed for former clients without their express consent.
  • to solicit any Lease Audit assignment by assuring a specific result or by stating a conclusion regarding that assignment without prior analysis of the facts and circumstances pertaining thereto.
  • to use client listings or references without specific authorization.
  • to make any solicitation implying NRTA authorization, endorsement or approval of any product or service.

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