Pennsylvania License Law
Under RELRA, a Pennsylvania real estate broker must keep transaction records for at least:
A1 year
B2 years
C3 years✓ Correct
D5 years
Explanation
Pennsylvania law requires brokers to retain all transaction records, including contracts, disclosure documents, and trust account records, for a minimum of 3 years. These records are subject to inspection by PREC during audits or complaint investigations.
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