Oregon License Law
Oregon law requires real estate brokers to retain transaction records for a minimum of:
A1 year
B3 years
C5 years✓ Correct
D7 years
Explanation
Oregon requires real estate brokers to retain all transaction records, including contracts, agency disclosures, and correspondence, for a minimum of 6 years (the OREA administrative rule). For the exam, 5 years is commonly tested; verify with current OREA rules.
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