Assessor Resource
CPPDSM4006A
Establish and manage agency trust accounts
Assessment tool
Version 1.0
Issue Date: June 2024
This unit of competency supports the work of licensed real estate agents and agency principals involved in establishing, managing and administering agency trust accounts.
This unit of competency specifies the outcomes required to establish and manage trust accounts in an agency context. It includes reviewing agency accounts for compliance with trust account requirements, establishing and managing trust accounts, maintaining records of trust transactions, and monitoring and reviewing trust accounts.
The unit may form part of the licensing requirements for persons engaged in real estate activities in those States and Territories where these are regulated activities.
You may want to include more information here about the target group and the purpose of the assessments (eg formative, summative, recognition)