The purpose of this Association shall be to promote the general welfare of the land title industry for the protection of the public interest, particularly in the following aspects: to establish a high standard of the individual’s proficiency in professional attainments and the use of efficient equipment for the rendering of a superior service; to cultivate a high spirit of ethics and prescribe a strict code of eligibility to practice the profession; to facilitate efficient and economical production; to encourage a fidelity that will merit the confidence of clients and patrons of the profession; and to attain the same recognition as is enjoyed by other professions of expert knowledge and skill as is consistent with the protection of the public interest.
MISSION STATEMENT
The mission of the Tennessee Land Title Association is to lead and support land title related industries in Tennessee by providing educational, legislative, and informational resources.
The ALTA Principles of Fair Conduct were adopted by the Tennessee Land Title Association by action of the Board of Directors at the January 11, 2008 board meeting. TNLTA encourages all of its Members to pledge to support The Principles, and to incorporate them into their daily business practices.
ALTA PRINCIPLES OF FAIR CONDUCT
Preamble:
The ALTA Principles of Fair Conduct represent the association’s commitment to promote behavior within the title industry that serves the needs and interests of consumers. The Principles describe ALTA’s expectation of its Members to adhere to the highest standards of ethical behavior and the laws and regulations governing the business of title insurance. The "Appropriate Steps to Implement the ALTA Principles” sets out specific actions that Members can take, and suggests what government can do to assist the title industry in this regard. ALTA encourages all of its Members to pledge to support The Principles, and to incorporate them into their daily business practices. ALTA pledges to assist its members in implementing The Principals through ongoing training on ethical standards and legal compliance. ALTA has formed a special Committee to review The Principles annually to ensure that they continue to address the needs and interests of the consumer public.
The ALTA Principles of Fair Conduct represent the association’s commitment to promote behavior within the title industry that serves the needs and interests of consumers. The Principles describe ALTA’s expectation of its Members to adhere to the highest standards of ethical behavior and the laws and regulations governing the business of title insurance. The "Appropriate Steps to Implement the ALTA Principles” sets out specific actions that Members can take, and suggests what government can do to assist the title industry in this regard. ALTA encourages all of its Members to pledge to support The Principles, and to incorporate them into their daily business practices. ALTA pledges to assist its members in implementing The Principals through ongoing training on ethical standards and legal compliance. ALTA has formed a special Committee to review The Principles annually to ensure that they continue to address the needs and interests of the consumer public.
Principles of fair conduct:
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To engage only in business practices that are lawful and consistent with a high standard of ethical behavior.
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To encourage a culture of compliance within their organizations for federal and state laws that govern the title insurance business and for these Principles.
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To treat consumers in a fair and ethical manner.
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To provide consumers with timely and comprehensive information regarding their policies, services, products, and prices so as to enable consumers to shop effectively among providers of title-related services.
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To encourage and assist consumers to be educated purchasers of title insurance and title-related services.
