New Hampshire License Law
A NH real estate broker must keep completed transaction files for at least 5 years because:
AThe IRS requires it for tax purposes
BNHREC rules require it for audit purposes and consumer protection✓ Correct
CThe county registry requires copies of all transactions
DFannie Mae requires it for loan files
Explanation
NHREC rules require brokers to maintain transaction and trust account records for at least five years, allowing the commission to audit and investigate complaints long after a transaction closes.
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