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The principal broker is charged with keeping records of completed transactions for a period of______years.

1 Answer

2 votes

Answer:

5

Step-by-step explanation:

According to the real estate commission rules, the principal broker is mandated to keep legible records of all transactions, appraisal records, financial transactions for a minimum of 5 years.

If any of the records have been used as evidence or is subject to litigation, the broker must keep the record for at least an extra 2 years after litigation is concluded

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