Property Tax Lien Asset Management Ethics
The National Tax Lien Association (NTLA) developed a code of ethics for the management of tax liens for investors. The NTLA focuses on the education of investors and ethical investment and administration of tax liens nationwide.
Centerbridge Law Group voluntarily adheres to the NTLA Code of Ethics when managing assets for our clients.
If you are looking for an asset manager, or are looking to invest in tax liens, we strongly encourage you to adhere to the NTLA code of ethics.
NTLA's Code Of Ethics
- NTLA members will be informed on local, state, and national issues, important to the tax lien industry.
- NTLA members will conduct business affairs in a manner which recognizes the rights of property owners and the responsibilities of public revenue officials, and which brings credit to the tax lien industry.
- NTLA members and prospective NTLA members, will always provide accurate and full disclosure for those membership categories based upon a dollar value.
- NTLA members will maintain appropriate competency to enhance the professional image of the Association through continuing education and business experience.
- NTLA members will work cooperatively with tax collectors, county treasurers, revenue commissioners, and other public revenue officials responsible for ad valorem tax lien and tax sale laws.
- NTLA members shall not make false or misleading statements about competitors, their business or business practices.
- NTLA members shall conduct business practices in accordance with local, state, and federal laws governing the purchase, issuance, and investment of tax liens, tax deeds, and the administration of tax lien sales, tax land sales, and foreclosure proceedings.
- NTLA members shall obey all local, state, and federal laws and regulations, particularly those concerning the registration and sale of securities; the buying and selling of tax liens, and tax deeds; the collection of taxes, tax liens and other municipal, state, and federal debt sold to third persons; real property foreclosures; fair debt collection practices; truth in lending; and unfair trade, anticompetitive, and antitrust behavior.