Washington License Law
A Washington broker's trust account is subject to an audit by the DOL. The broker cannot locate records for a transaction from 18 months ago. This is:
AAcceptable because records are only required for 1 year
BA violation because records must be kept for 3 years✓ Correct
CAcceptable if the escrow company still has the records
DOnly a concern if a complaint was filed regarding that transaction
Explanation
Washington's RCW 18.85 requires brokers to maintain transaction records for a minimum of 3 years.
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