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

Current through June 10, 2024
Section 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:

ViolationPenalty
T.C.A. § 62-13-103(b)$ 50 ---- 1000
T.C.A. § 62-13-30150 ---- 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 Order50 ---- 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:

ViolationPenalty
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.

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.