Since 1993, Wisconsin Statutes require real estate brokers to establish interest-bearing real estate trust accounts for the deposit of all down payments, earnest money and other trust funds received by the broker and related to the conveyance of real estate. Banks and other depository institutions remit the interest from the IBRETA accounts to the State. The Department of Administration's Division of Energy, Housing and Community Resources uses these funds to augment existing emergency and transitional homeless programs. IBRETA dollars, partially fund grants to organizations that provide shelter or services to homeless individuals or families.
IBRETA remittance form
Remittance form cannot be submitted by email.
Questions about General Real Estate Trust Account Requirements in Wisconsin
Requirements for a Real Estate Trust Account Bookkeeping System
Consent to Examine and Audit Trust Account
Trust Accounts – Chapter 452.13
Administrative Code REEB 18
For more information regarding the regulations of your IBRETA account, please contact:
Real Estate Trust AccountWI Department of Safety and Professional ServicesPO Box 8935, Madison, WI 53708-8935
For questions on the IBRETA remittance form, contact DOADEHCRFiscal@wisconsin.gov.