Code of Ethics
BOMA and its members 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. We consider industry relationships critical to the industry’s success.
Each member of BOMA San Diego shall conduct business in a manner displaying the highest degree of professional behavior, and bring credit to the profession and the industry. Members shall speak truthfully and act in accordance with accepted principles of honesty and integrity. Members shall endeavor to understand and fairly represent his or her own scope of knowledge and ability to perform services.
II. Responsibility to Clients
Each member of BOMA San Diego shall diligently and honestly pursue the client’s legitimate objectives. No member shall place his or her own needs and desires above those of the client in the performance of work for that client. National, State and Local (Municipal) laws as well as regulations, codes and ordinances shall be adhered to in the operation of property or equipment.
III. Responsibilities to Real Property and Equipment
Each member of BOMA San Diego shall be diligent in the operation of property to maximize its long-term value within the client’s objectives. In the operation of the property, members shall take those actions reasonably necessary to maximize the security and life safety of the occupants consistent with accepted standards of the industry.
IV. Conflict of Interest
Each member of BOMA San Diego shall fully disclose to the client any known conflict of interest between a) the client, client’s employees, supplier and other related parties, and b) the owner, manager, or their employees arising prior to the engagement of management services. Each member shall use every available means to resolve such conflicts. No member shall permit a conflict of interest to remain undisclosed, nor shall he or she create an appearance of impropriety.
Each member of BOMA San Diego 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.
VI. Fair Dealing
Each member of BOMA San Diego shall endeavor to deal fairly with his or her clients, tenants, competitors, vendors, employer and employees. No member shall take unfair advantage of anyone through manipulation, concealment, abuse of privileged information, misrepresentation of material facts, or any other unfair dealing practice.
VII. Continuing Education
Each member of BOMA San Diego shall endeavor to remain knowledgeable in the subject material of his or her position by taking courses and seminars, reading industry periodicals, and consulting and sharing information within the industry network in the member’s area.