| Courses do not have to be taken in any specific order.
Students new to BOMI's curriculum are encouraged to begin
with subject matter that is well known to them. As you
progressively move forward, the challenge of new material
will have the support of previous RPA learning experience.
Code of Ethics
In addition to requiring Ethics Is Good Business®,
the Institute has developed a Code of Professional Ethics
and Conduct to increase the esteem of the designation and
to promote honesty as an integral part of a BOMI graduate's
reputation.
You will be asked to abide by this code.
BOMI Code of Professional Ethics and Conduct
PREAMBLE
BOMI, and its designees, are committed to promoting the
highest level of professionalism, integrity, and ability
available in the commercial property and asset management
industry.This code of professional ethics and conduct is
designed to foster trust and mutual respect among those
working in the industry, as well as the public at large.
It is not intended to discourage fair and healthy competition
within the industry, but to increase the esteem of the
designations and the individuals who have earned them.
BOMI Canada considers industry relationships critical to
the industry’s success.
Minimum standards of conduct in these areas are contained
herein.
ARTICLES
I. Professionalism
Each BOMI designee shall conduct business in a manner displaying the
highest degree of professional behavior, bringing credit to the profession,
the industry and BOMI. Designees shall speak truthfully and act in
accordance with accepted principles of honesty and integrity. A designee
shall endeavor to understand and fairly represent his or her own scope
of knowledge and ability to perform services.
II. Responsibility to Clients
Each designee shall diligently and honestly pursue the client’s
legitimate objectives. Whenever possible, objectives should be put in
writing to avoid misunderstanding. No designee shall place his or her
own needs and desires above those of the client in the performance of
work for that client. Each designee shall advise the client regularly
or as agreed on matters concerning the creation of value. National, State
and Provincial, and Local (Municipal) laws,as well as regulations, codes,
and ordinances shall be strictly adhered to in the operation of property
or equipment.
III. Responsibility to Employers
Each designee shall behave in a manner consistent with the stated goals
of his or her firm and/or employer. No designee shall act out of a motive
of personal gain apart from the knowledge and consent of the employer
and/or firm.
IV. Responsibilities to Real Property and Equipment
Each designee shall be diligent in the operation of property to maximize
its long-term value within the client’s
objectives. Designees shall not permit or cause damage to the property
or properties under their control. In the operation of the property,
designee shall take those actions reasonably necessary to maximize the
security and life-safety of the occupants consistent with accepted standards
of the industry.
V. Conflict of Interest
Each designee shall fully disclose to the client any known conflict of
interest between a) the client; client’s employees; suppliers; and
other related parties, and b) the owner; manager; or their employees
arising prior to the engagement of management services. Each designee
shall use every reasonable means to resolve such conflicts. No designee
shall permit a conflict of interest to remain undisclosed, nor shall
he or she create any appearance of impropriety.
VI. Confidentiality
Each designee shall maintain as confidential any legitimate business
information provided in confidence until and unless given permission
to disclose it by the source, or for the length of time that confidentiality
is legally required.
VII. Fair Dealing
Each designee shall endeavor to deal fairly with his or her clients,
tenants, competitors, vendors, employer, and employees. No designee shall
take unfair advantage of anyone through manipulation, concealment, abuse
of privileged information, misrepresentation of material facts, or any
other unfair dealing practice.
VIII. Records Management
Each designee shall maintain complete and accurate records compiled in
accordance with generally accepted procedures and provide them to the
client or employer with comment on a regular basis. In addition, each
designee shall control the funds and property entrusted to the designee
in such a way as to protect the client and client’s assets from
any reasonably foreseeable losses.
IX. Continuing Education
Each designee shall endeavor to remain knowledgeable in the
subject material of his or her designation by taking courses
and seminars offered by the institute and others, reading industry
periodicals, and consulting and sharing information within the
industry network in the designee's area.
X. Compliance with Laws
Each designee shall comply with all national, state and provincial,
and local(municipal) laws and regulations,as well as any human
rights statutes concerning the properties managed, apprising
property owners as appropriate.
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