DRE & LicensingIntermediateCalifornia Exam
How long must a California real estate broker keep transaction records?
A1 year
B2 years
C3 yearsCorrect
D5 years
Why 3 years Is Correct
Answer C: 3 years
California law requires brokers to retain copies of all documents related to real estate transactions for 3 years. The DRE may audit these records during an inspection.
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