The panel members were Mr Jim Atkins PPNAEA (Honoured) (member panellist acting as the Chairperson for the Tribunal), Ms Jacqueline Stone FNAEA (member panellist) and Mr Noel Hunter OBE (lay panellist).
The presenting Case Officer for Propertymark was Mr Ali Haider. Mr Targett attended the hearing via Zoom.
Allegations
The Tribunal considered the allegations set out in the case summary sent to Mr Targett.
It was alleged that Mr Targett had acted in contravention of the requirements of the following Propertymark Conduct and Membership Rules.
- Conduct rule 1.7: Access to, or availability of, Client Money
- Conduct rule 1.14: Payments out of a Client (Bank) Account
- Conduct rule 13: General duty to uphold high standards of ethical and professional behaviour
- Conduct rule 23: Continuing professional development (CPD) rules
Decisions
The Tribunal considered the submissions from the Case Officer and the bundle of evidence and after deliberation came to the following findings:
- Conduct rule 1.7: Admitted
- Conduct rule 1.14: Admitted
- Conduct rule 13: Admitted
- Conduct rule 23: Admitted
Sanctions
- Conduct rule 1.7: Caution
- Conduct rule 1.14: Caution
- Conduct rule 13: Caution
- Conduct rule 23: Caution
In addition, the costs of this hearing of £457 were imposed against Mr Targett in favour of Propertymark.
Closing Statement
The Tribunal made the following statement:
'Thank you for attending today’s Tribunal online. It has assisted us in underpinning a decision on penalties. We understand the circumstances of the error and the steps that you are taking to make alternative arrangements, should something similar happen in the future. With respect to CPD, we note that you recorded CPD with Propertymark in 2021 and that the registration of your 2022 CPD else where is supported, but should also have been registered with Propertymark.'
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