Alaska License LawIntermediateAlaska Exam
An Alaska broker must keep transaction records for a minimum of:
ASimply a flat 1 year, shorter than Alaska's actual license renewal, experience, or record-retention requirement in this context
B3 yearsCorrect
CSimply a flat 5 years, shorter than Alaska's actual statutory adverse possession period
D7 years
Why 3 years Is Correct
Answer B: 3 years
Alaska requires brokers to maintain records of all real estate transactions for a minimum of three years. These records must be available for inspection by the Alaska Real Estate Commission.
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