Real Estate Audit

Simeoni is NSW’s largest specialist in real estate trust account auditing and has been for more than two decades.

As real estate accountants; Simeoni is proud of delivering an excellent, non-fuss and straightforward audit service customised to the needs of real estate agents as follows;

  • Upfront & fixed pricing
  • Value for money
  • Helping you to avoid future breaches
  • Minimal disruption to your business
  • Immediate feedback and status updates
  • Friendly specialist team
  • Highly acclaimed and efficient audit process
  • Lodgement on your behalf by the due date
  • NSW Fair Trading representation
  • Peace of mind

It is compulsory for real estate agents to have records audited in relation to the handling of trust money. Licensees could be disqualified from holding a licence and possibly prevented from renewing a licence if the audit is not conducted by the 30th September of each year. 

Have a problem with your Real Estate Audit? Contact us today for a fixed price quote!

Useful Forms

Unclaimed Money

Trust Account Set up (Blue Form)

Trust Audit Checklist

Latest Property Stock and Business Agents Regulation 2003

Real Estate Application of Licence for a Corporation

Notice of Closing of Trust Account 

Unique Identifying Number 
 

NSW Fair Trading Trust account audit requirements

Under the ’Property Stock and Business Agents Act 2002’, licensees records in relation to the handling of trust money must be audited by 30th September each year.

Who requires an audit?
  • a licensee
  • a former licensee, or
  • a personal representative of a licensee.
  • NSW Fair Trading requires an audit to be conducted each year for the financial year ending 30 June.
Relevant information

Refer to NSW Fair Trading for further information Click Here
 

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