Ohio License Law
What is the Ohio requirement for maintaining records of real estate transactions?
ANo specific requirement exists
BOhio brokers must maintain transaction records for 3 years from the date of closing or termination✓ Correct
CRecords must be kept indefinitely
DRecords only need to be kept for 1 year
Explanation
ORC 4735 requires Ohio brokers to maintain complete records of all real estate transactions for a minimum of 3 years. ODREPL may inspect these records during audits or investigations.
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