Please note that these reviews are generated by users and do not reflect the opinion of the ExtrAct group.
Help → Best Practices for Landmen
This is a list of Landman best practices drawn from the American Association of Professional Landman Code of Ethics. It is edited for ease of reading and for the parts of the code of ethics most applicable to the relationship between landowners and landmen.
- A land professional shall be informed regarding laws, proposed legislation, governmental regulations, public policies and current market conditions in his area of represented expertise, in order to be in a position to advise his employer or client properly.
- A land professional shall provide a level of competent service in keeping with the standards of practice in those fields in which a land professional customarily engages.
- It is the duty of the land professional to protect the members of the public with whom he deals against fraud, misrepresentation and unethical practices.
He shall eliminate any practices which could be damaging to the public or bring discredit to the petroleum mining or environmental industries.
- The land professional is obligated to treat fairly all parties to any transaction and act in an ethical manner. The land professional pledges himself to protect and promote the interests of his employer or client. This obligation to the employer's interests is primary but it does not relieve the land professional of his obligation to treat fairly all parties to any transaction, or act in an ethical manner.
- The land professional shall at all times present an accurate representation in his advertising and disclosures to the public.
- The land professional shall not represent himself to be skilled in nor shall he engage in professional areas in which he is not qualified such as the practice of law, geology, engineering or other disciplines.
- The land professional shall not discriminate. The land professional shall not deny equal professional services to any person for reasons of race, creed, sex or country of national origin.
- The land professional shall not be a party to any plan or agreement to discriminate against a person or persons on the basis of race, creed, sex or country of national origin.
- The land professional shall not undertake to provide professional services concerning a property or a transaction where he has a present or contemplated interest, unless such interest is specifically disclosed to all affected parties.
- If a land professional is charged with unethical practice or is asked to present documents in any disciplinary proceeding or investigation, or has direct knowledge of apparent unethical misconduct of another member, he shall place all pertinent facts before the proper authority of the American Association of Professional Landmen.
- The land professional shall assure that monies coming into his possession in trust for other persons, such as escrows, advances for expenses, fee advances and other like items, are properly accounted for and administered in a manner approved by the employer or client.
- The land professional shall not aid or abet the unauthorized use of the title "Certified Professional Landman," "Registered Land Professional," "P.Land" and "CPL/ESA."
- The land professional shall not participate in conduct which causes him to be convicted, adjudged or otherwise recorded as guilty by any court of competent jurisdiction of any felony, any offense involving fraud as an essential element or any other serious crime.