Get The Facts on Your Trust Accounting Responsibilities Trust money is any money you receive from a third party that is required to be held in a trust account on someones behalf. Unlike general business accounts, trust accounts accrue no interest and incur no charges. There are strict guidelines as to how to set up and manage your agency’s trust ... read more >>
The idea of an overdrawn trust account is is amusing to some agents. It seems odd that a trust account can become overdrawn given the level of funds sitting in the trust account at any one time. How Does an Overdrawn Trust Account Happen? So just how is it possible you may ask? There are many ways that a trust ... read more >>
Understanding new OneGov Registration Requirements Are you a property professional working in the Real Estate industry and still confused about which accounts require registration with OneGov by the 30th June 2015? See our simple infographic showing which accounts do and don't need registration. Don't forget the deadline to register existing trust accounts is fast approaching. You have until midnight on the 30th June ... read more >>
