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Practice Of Real EstateFrec_rulesEASY

A Florida broker must maintain escrow records for:

Correct Answer

B) 5 years

Florida requires brokers to maintain escrow and transaction records for 5 years.

Answer Options
A
2 years
B
5 years
C
7 years
D
10 years
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Related Topics & Key Terms

Related Topics:

frec-record-requirementsbroker-trust-account-management

Key Terms:

escrow recordsrecord retentionFlorida Statute 475.5015FRECbroker compliance

Related Concepts

Florida brokers are required to maintain transaction records and escrow records for a minimum of five years.

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