We also have good relationship with city code enforcement officer from the area as we take care of any infractions immediately.

(Moderators if this is not allowed please link me to the rules that state what my infraction is.)

Have the leasee bring you a credit report and check for major infractions, judgements, bankruptcies and foreclosures. 

In many cases this can be true and in some cases with seasoned sellers it is not.If an agent had an ethics violation the typical remedy is they have to go before their local chapter board of realtors review committee and might get a slap on the wrist and a fine for their first offense if found guilty of an infraction.For license law infractions which is handled by the state commission it depends on first offender or multiple times and also the severity of the mistake that determines what happens.

If your tenants are non-compliant with the lease, you can send them a notice with a set time period to cure the infraction (in Arizona I believe it is 10 days), and if they do not cure the infraction the lease will terminate.

Managers must follow the rules set by the owner, owners can do anything they want, like take late rents or ignore other infractions.

Actually in terms of a subject to, if the buyer defaults on the payment the original seller will have credit infractions placed on their credit report initially, unless there was a preliminary agreement between buyer and original seller that transfered the buyers name to the loans owed to the lenders.

Your neighbors may be too, and if they see infractions, they report you to the board.

Fines, if caught, can run $32,500 per infraction PER DAY.Be careful, Satha.

If you violate that, you just committed an egregious infraction that could subject you to a knock on the door from Federal authorities.TCF is not a small servicer/bank.