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Can I receive the proceeds of a client’s property sale if I don’t have a general trust account or a full practicing certificate (authorising the receipt of trust money)?

April 26, 2017account client don’t proceeds Property sale Trust

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Can I receive the proceeds of a client’s property sale if I don’t have a general trust account or a full practicing certificate (authorising the receipt of trust money)?

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No. You need to upgrade your practising certificate and open a general trust bank account.