All results of real estate and conveyancer trust account audits must be lodged with NSW Fair Trading by a registered auditor, via the Auditor's Report Online portal.
Auditors must be qualified under:
- section 115 of the Property and Stock Agents Act 2002, or
- section 79 of the Conveyancers Licensing Act 2003.
If a licensed real estate corporation or an individual licensee has not held any trust money during the audit period, refer to NSW Fair Trading's Trust accounts and audit requirements for the current procedure, as it may vary from year to year.
If a licensed conveyancer corporation or an individual licensee has not held any trust money during the audit period, a prescribed declaration form must be lodged by the licensee.
Note: It is the licensee's responsibility to ensure the auditor lodges the report by the due date.
For more information visit:
Last updated: 6 September 2024