10. Sale/Lease Transaction Records

You must first complete 9. Section 2 Exam – BMC # 1 Statutes and Rules before viewing this Lesson
Please sign up for the course before starting the lesson.

The broker maintains legible copies of transaction documents required by law to be kept for 5 years after termination (close) 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 […]

Back to: BROKER MANAGEMENT CLINIC #1-Statutes and Rules
© Copyright - Dodd's School of Real Estate
9. Section 2 Exam – BMC # 1 Statutes and Rules11. Earnest Deposits