Keeping Your Listing Information “PERC’ED UP”

Problems can arise at times when, as an agent, you are determining the number of bedrooms for a home that is on a septic system.  Several laws come into play if you knowingly advertise a home as having more bedrooms than it is permitted to have.

In order to be in compliance with the Tennessee Consumer Protection Act, the Broker’s Act, the NAR Code of Ethics, Septic Requirements, and Common Law, the total number of bedrooms entered into RealTracs cannot total more than what is allowed by the septic permit.

Be sure to do plenty of thorough research if you have doubts.  Knowingly advertising a listing in this manner is a class B misdemeanor and can result in not only a violation of the NAR Code of ethics but also Treble damages, attorney’s fees and other costs.

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