NT Real Estate Trust Account Audit for Northern Territory Agents
NT real estate trust account audits for licensed agents who need clear Northern Territory compliance support, practical audit guidance, and fixed pricing.
- Aligned with NT Government guidance under the Agents Licensing Act 1979
- Prepared for Northern Territory licensed real estate agents who receive or hold trust money, with annual audit or approved exemption requirements depending on the circumstances
- For most agents, the prescribed period is 1 July to 30 June and the annual audit must be completed by 30 September
- If no trust money was received or held during the prescribed period, an approved statutory declaration is generally due by 30 August instead of an audit
- Annual audit reports and audit report covering forms are emailed to the board, approved nil-trust declarations are emailed to board.services@nt.gov.au, and trust account opening notifications are sent separately to propertyagents.licensing@nt.gov.au
- Pricing from $749 + GST per trust account
NT Real Estate Trust Account Audit Checklist
Use this checklist to prepare your Northern Territory real estate trust account audit documents under the Agents Licensing Act 1979.
Audit period and due date
- Prescribed audit period: 1 July to 30 June for most agents
- Annual audit generally due by 30 September
- Nil-trust statutory declaration generally due by 30 August (if no trust money held)
- Trust account opened within 7 days of first receiving trust money (new licensees)
Trust account records
- Trust account bank statements for the full prescribed period
- Monthly trust account reconciliations
- Client trust ledgers (receipts and payments per client)
- Receipts and payment records for all trust transactions
- Evidence of trust account opening notification to department (if applicable)
NT agent and licence details
- Agent's licence number and licence class
- Trust account BSB and account number
- Name of trust account as registered with the bank
- Details of any sub-trust accounts held
- Prior audit report or statutory declaration (if applicable)
Auditor and lodgement
- Auditor must be qualified under section 60 of the Agents Licensing Act 1979 (NT)
- Annual audit report and audit report covering form emailed to board.services@nt.gov.au
- Nil-trust statutory declaration (if applicable) also emailed to board.services@nt.gov.au
- Trust account opening notification sent to propertyagents.licensing@nt.gov.au
Northern Territory Real Estate Trust Account Audit
Guide to Northern Territory real estate trust account audit requirements, deadlines, documents, and reporting steps under the Agents Licensing Act 1979.
Audit Period
1 July to 30 June for most agents
Due Date
30 September annual audit for most agents, or statutory declaration by 30 August if no trust money was received or held during the prescribed period
Starting Price
$749 + GST
State audit pathway
What makes the NT pathway different
Northern Territory real estate trust account audits usually follow the 1 July to 30 June prescribed period, with annual audit reporting by 30 September or a nil-trust statutory declaration pathway by 30 August where no trust money was received or held.
Confirm trust account notifications
Opening and maintaining a trust account has separate notification steps, so account setup evidence should be reviewed before audit work starts.
Distinguish audit and nil pathways
Annual audit reports and approved no-trust-money statutory declarations follow different timing and submission requirements.
Keep board email evidence
The audit report, covering form, and any serious issue reporting should be tracked against the current board email pathway.
Audit Requirements
Northern Territory real estate agents must open and maintain a trust account and have it audited every year unless an exemption applies, in line with Part V of the Act and Part III of the Regulations:
If you didn't receive or hold any monies
If no trust money was received or held during the prescribed period, you are exempt from the annual audit for that year. Instead, you must use the approved statutory declaration form and email it to board.services@nt.gov.au within 2 months after the prescribed period. For most agents, that means by 30 August.
Qualified Auditors
NT auditor reporting
After completing the audit, the auditor must report on whether the records were maintained in line with section 62(2) of the Act, give a copy of the report to you and the board by email, and include the audit report covering form. If serious issues are identified, a special report must be sent to the board immediately.
No Trust Money Held?
If no trust money was received or held during the prescribed period, you do not complete the annual audit for that year. Instead, you submit the approved statutory declaration to the board within 2 months after the prescribed period, generally by 30 August for most agents.
Submission Info
Submission Method
The auditor emails the audit report and audit report covering form to the board, while approved statutory declarations are emailed to board.services@nt.gov.au
Submitted By
Once the audit is complete, the auditor must prepare the required report and provide a copy to the agent and the board by email, together with the audit report covering form
Key Details
- •If you are employed by another licensed agent or company and monies received are held in an account by them, an exemption may apply under section 5A and the published policies
- •Trust accounts must be opened in the NT at an approved institution and the account title must include the agent or business name together with the words 'trust account'
- •If the account only holds security deposits, the title must also include 'security deposits'
Non-Compliance
Related AuditsPro guides
NT trust account audit resources
Compare state audit deadlines
State-by-state due dates, lodgement pathways, and deadline differences for real estate trust account audits.
Real estate audit guide
What the audit covers, who needs one, what records are reviewed, and how the online audit process works.
Documents to prepare
Bank statements, reconciliations, ledgers, receipts, payments, and other records commonly requested by auditors.
Urgent real estate audit timing
Options when a real estate trust account audit deadline is close and timing depends on complete records, state rules, and auditor availability.
NT audit checklist
Records to prepare before confirming the annual audit or nil-trust declaration pathway.
Official resources
NT audit resources and checklist
Keep the official regulator pages close while preparing the trust account audit records and lodgement details.
NT Government – Auditing your trust account
Official Northern Territory guidance covering annual audits, exemptions, statutory declarations, auditor qualifications, and board reporting requirements
NT Government – Opening and maintaining a trust account
Official Northern Territory guidance covering trust account setup, approved institutions, account naming requirements, and 7-day notification obligations
Why Northern Territory Real Estate Agencies
Choose AuditsPro
Experience the difference with professional support designed specifically for Northern Territory real estate agents and property management companies. We combine Northern Territory real estate expertise, technology, and transparent processes to support your annual reporting and trust account review requirements.
Audit reports prepared with Northern Territory requirements in mind
We prepare your trust account audit with reference to NT Consumer Affairs guidance and the Agents Licensing Act 1979 (NT).
Qualified auditors experienced with Northern Territory real estate trust accounts
Our team reviews Northern Territory real estate trust account records, including property management records, sales deposits, reconciliations, and supporting documents for the audit report.
Transparent pricing from $749 + GST per trust account
We offer flat-fee pricing for Northern Territory agencies starting at $749 + GST per trust account. Additional trust accounts and unusual scopes are confirmed before work starts.
Support for Northern Territory Real Estate Agencies
We help Northern Territory real estate agents and property management companies prepare annual trust account reporting with clear communication and Northern Territory-specific audit support. Our approach is designed around NT Consumer Affairs guidance, the Agents Licensing Act 1979 (NT), and current trust account reporting requirements.
Related Trust Account Auditing Services
Northern Territory Real Estate Trust Account Audit Requirements
Northern Territory requirements, deadlines, and reporting steps for licensed real estate agents. Our audit service helps you prepare annual trust account reporting with the relevant state requirements in mind.
Northern Territory (NT)
NT Government
NT Government
$749 + GST
Multiple trust accounts: $749 + GST each
30 September audit / 30 August nil declaration
Prescribed period for most agents: 1 July to 30 June
Agents Licensing Act 1979 (NT)
Trust Account Provisions
Key Audit Requirements
- •Qualified auditor required under section 60 of the Act
- •Annual audit generally due by 30 September
- •Trust account opening / department notification within 7 days when applicable
- •Compliance with Agents Licensing Act 1979 (NT)
- •Approved nil-trust statutory declaration generally due by 30 August and board submission required
Note: NT licensed agents generally need an annual trust account audit by a qualified auditor, must open a trust account within 7 days if newly licensed, and can only rely on the approved statutory declaration pathway where no trust money was received or held.
State-Specific Trust Account Audit Information
Get detailed information about trust account audit requirements, deadlines, and reporting steps for your state or territory.
Northern Territory Service Areas
Providing professional real estate trust account audits across all regions of Northern Territory. Our 100% online process means we can assist your agency wherever you are located.
Darwin Metro
- Darwin CBD
- Palmerston
- Casuarina
- Northern Suburbs
Alice Springs
- Alice Springs CBD
- Desert Springs
- Gillen
- Stuart
Regional NT
- Katherine
- Tennant Creek
- Nhulunbuy
- All NT regions
Northern Territory Real Estate Trust Account Audits
Trust account audit pricing for Northern Territory real estate agencies with clear fixed fees.
Prompt replies • Fixed pricing • No hidden fees
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Ask a pricing question or speak with us before you send documents.
NT Real Estate Trust Account Audit FAQs
Get answers to the most common questions about real estate trust account audits, state requirements, documents, pricing, and the audit process.
For most Northern Territory agents, the prescribed audit period is 1 July to 30 June, with the annual audit generally due by 30 September.
If you did not receive or hold trust money during the prescribed period, you must submit an approved nil-trust statutory declaration to the board, generally due by 30 August. The declaration is emailed to board.services@nt.gov.au.
Pricing for Northern Territory real estate trust account audits starts at $749 + GST per trust account.
In the Northern Territory, licensed real estate agents who receive or hold trust money during the prescribed period (generally 1 July to 30 June) must have their trust accounts audited by a qualified auditor under section 60 of the Agents Licensing Act 1979. Agents who did not receive or hold trust money may instead submit an approved nil-trust statutory declaration to the board, generally due by 30 August.
Completed annual audit reports and audit report covering forms are emailed to the NT property agents board at board.services@nt.gov.au. Approved nil-trust statutory declarations are also emailed to board.services@nt.gov.au. Trust account opening notifications are sent separately to propertyagents.licensing@nt.gov.au.
NT real estate trust accounts are governed by the Agents Licensing Act 1979 (NT). Under section 60 of the Act, licensed agents must have trust accounts audited by a qualified auditor within three months after the end of the prescribed period, generally by 30 September each year.
AuditsPro keeps real estate trust account audit pricing competitive by using a secure client portal, structured document checklists, digital workpapers, and state-aware review workflows. The efficiency comes from reducing administration, document chasing, and repeated follow-up. It does not mean client services are offshore or that the audit work is reduced.
Client services, audit coordination, and client portal data management are handled onshore in Australia. Client portal audit documents are managed on Australian AWS infrastructure, including the Sydney region, with important audit information protected by encryption in transit and at rest.
The portal gives real estate agencies a structured checklist, secure upload pathway, document tracking, and clearer follow-up requests. That means auditors can see what is missing earlier, review files in a more organised way, and spend less time on manual administration.
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