Alaska License LawIntermediateAlaska Exam
An Alaska real estate 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 Real Estate Commission regulations require brokers to maintain transaction records for a minimum of 3 years. These records must be available for inspection by the Commission or its authorized representatives.
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