3. General Records Compliance & Broker Review
🔊 Listen to Lesson Transaction records are kept for five years after termination of a transaction. A.R.S. §§ 32-2151.01(A) and 32-2153(A)(18) 32-2151.01: Broker requirements; record-keeping requirements; definition A. Each licensed employing broker shall keep records of all real estate, cemetery, timeshare, or membership camping transactions handled by or through the broker and shall keep employment records, […]