Vermont License Law
Vermont requires real estate brokerages to maintain complete transaction records for a minimum of:
A1 year
B3 years
C5 years✓ Correct
D7 years
Explanation
Vermont license law requires brokers to maintain complete transaction records, including offers, contracts, correspondence, and financial records, for a minimum of 5 years. The VREC may audit these records, and failure to maintain proper records is a violation subject to disciplinary action.
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