Every licensed broker must keep and maintain a file of agency disclosures, listings, offers, closing statements and other transaction-related documents for a period of _________ years.
Based on the information provided within the question it can be said that the licensed brokers must keep and maintain all of this information for a period of 3 years. This is in case that the information is needed in the future for any kind of reason such as an audit. The auditor can ask for the information and the broker must present it or risk prosecution.
