All estate agents who hold or receive money
for or on behalf of others relating to any transaction are required to open and
maintain trust account(s). Every person who carried on business as an estate
agent during the whole or any part of the previous financial year shall cause
his accounts of trust money for the whole or part of that financial year to be
audited. In this article, we will discuss the topic of trust account for estate
agents.
Estate agents trust accounts audit link
Claire Chang