§ 125.107 - Testers.

§ 125.107 Testers.

Cross Reference

Link to an amendment published at 89 FR 22942, Apr. 3, 2024.

The following requirements apply to testing activities funded under the FHIP:

(a) Testers must not have prior felony convictions or convictions of crimes involving fraud or perjury.

(b) Testers must

receive training or be experienced in testing procedures and techniques.

(

c

b) Testers and the organizations conducting tests, and the employees and agents of these organizations may not:

(1) Have an economic interest in the outcome of the test, without prejudice to the right of any person or entity to recover damages for any cognizable injury;

(2) Be a relative of any party in a case;

(3) Have had any employment or other affiliation, within one year, with the person or organization to be tested; or

(4) Be a licensed competitor of the person or organization to be tested in the listing, rental, sale, or financing of real estate.

[60 FR 58452, Nov. 27, 1995, as amended at 89 FR 22942, Apr. 3, 2024]