Tenn. Comp. R. & Regs. 1260-02-.32 - CIVIL PENALTIES

(1) The Commission may, in a lawful proceeding against any person required to be licensed by the Commission, in addition to or in lieu of any other lawful disciplinary action, assess a civil penalty for each separate violation of a statute, rule, or order pertaining to the Commission with the following schedule:

Violation		Penalty
T.C.A. § 62-13-103(b)		$ 50 ---- 1000
T.C.A. § 62-13-301		50 ---- 1000
T.C.A. § 62-13-312(b)	(1)	250 ---- 1000
	(2)	200 ---- 1000
	(3)	300 ---- 1000
	(4)	100 ---- 1000
	(5)	300 ---- 1000
	(6)	200 ---- 1000
	(7)	300 ---- 1000
	(8)	100 ---- 1000
	(9)	200 ---- 1000
	(10)	300 ---- 1000
	(11)	250 ---- 1000
	(12)	300 ---- 1000
	(13)	300 ---- 1000
	(14)	50 ---- 1000
	(15)	250 ---- 1000
	(16)	250 ---- 1000
	(17)	200 ---- 1000
	(18)	250 ---- 1000
	(19)	250 ---- 1000
	(20)	200 ---- 1000
	(21)	100 ---- 1000
T.C.A. § 62-25-103(a)		50 ---- 1000
T.C.A. § 62-25-107(b)	(1)	250 ---- 1000
	(2)	250 ---- 1000
	(3)	300 ---- 1000
	(4)	50 ---- 1000
T.C.A. § 66-32-121(f)	(1)	250 ---- 1000
	(2)	100 ---- 1000
	(3)	200 ---- 1000
	(4)	300 ---- 1000
	(5)	250 ---- 1000
	(6)	250 ---- 1000
	(7)	400 ---- 1000
	(8)	350 ---- 1000
	(9)	400 ---- 1000
	(10)	250 ---- 1000
Any Commission Rule or Order		50 ---- 1000

(2) With respect to any person required to be licensed by the Commission as a real estate broker who is not licensed, the Commission may assess a civil penalty against such person for each separate violation of a statute in accordance with the following schedule:

Violation	Penalty
T.C.A. § 62-13-102	$1000
T.C.A. § 62-13-103	$1000
T.C.A. § 62-13-105	$1000
T.C.A. § 62-13-109	$1000
T.C.A. § 62-13-110	$1000
T.C.A. § 62-13-301	$1000
T.C.A. § 62-13-312	$1000

(3) Each day of a continued violation may constitute a separate violation.

(4) In determining the amount of a civil penalty, the Commission may consider such factors as the following:

(a) whether the amount imposed will be a substantial economic deterrent to the violation;

(b) the circumstances leading to the violation;

(c) the severity of the violation and the risk of harm to the public;

(d) the economic benefits gained by the violator as a result of non-compliance; and

(e) the interest of the public.

Notes

Tenn. Comp. R. & Regs. 1260-02-.32

New rule filed June 4, 1985; effective July 4, 1985. Amendment filed September 13, 1989; effective October 28, 1989. Amendment filed October 15, 1990; effective November 29, 1990. Amendment filed October 1, 1998; effective December 15, 1998. Repeal and new rule filed December 3, 2012; effective March 3, 2013.

Authority: T.C.A. §§ 56-1-308 and 62-13-203.