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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

Are real estate trust accounts safe?

As long as everyone follows the rules, “we should have no problems,” REAA CEO Kevin Lampen-Smith says.

Duncan Bridgeman
Fri, 15 Dec 2017

Real estate trust accounts are coming under scrutiny after NBR this week revealed an issue with Harcourts franchise Preet & Co, where it appears client funds were accessed inappropriately.

Franchise owner Preet Grewal has voluntarily suspended his license while the Real Estate Agents Authority

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Duncan Bridgeman
Fri, 15 Dec 2017
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Are real estate trust accounts safe?
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