Broker Audit Declaration Requirements
- All designated (including self employed) brokers are required to complete a Broker Audit
Declaration form at the time of license renewal.
- The due date is the broker’s individual license renewal date. The broker is allowed to
submit the Broker Audit Declaration up to sixty (60) days prior to the renewal date.
- The Broker Audit Declaration is a self-audit completed by each Designated Broker.
This form provides the broker the opportunity to review the operation of the office and
to self-correct any deficiencies.
- The Broker Audit Declaration does not replace nor preclude the Department from conducting
an on-site audit of a broker’s office as necessary.
- Upon the Department’s receipt, the Broker Audit Declaration is a public record and is kept
by the Department for at least five (5) years. (NOTE: Bank account numbers and other
confidential information are not public record and are redacted prior to Broker Audit
Declarations being released pursuant to a public records request.)