3. General Records Compliance & Broker Review
Transaction records are kept for five years after termination of a transaction. A.R.S. §§ 32-2151.01(A) and 32-2153(A)(18) 32-2151.01: Broker requirements; record-keeping requirements; definition A. Each licensed employing broker shall keep records of all real estate, cemetery, timeshare, or membership camping transactions handled by or through the broker and shall keep employment records, including copies of employment […]