Texas License Law
TREC requires that a real estate brokerage maintain transaction records for a minimum of:
A1 year
B4 years✓ Correct
C7 years
D10 years
Explanation
TREC rules require brokers to maintain transaction records (contracts, addenda, correspondence, financial records related to trust accounts) for at least 4 years. This requirement ensures that records are available for TREC audits and potential legal disputes that may arise after a transaction closes.
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