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What is the statutory purpose of the requirement that real estate brokerage firms maintain a prescribed set of record each transaction
The brokerage records can help to settle a dispute between parties to a transaction that arises after closing
The commission has authority to review brokerage records for investigation if a customer comlaintan
The county recorder needs to be able to subpoena brokerage record for review if cloud on title result from a recording errors
The brokerage records provide redundancy for client and customer who may need copies of records they have lost as a result of fire or natural disaster
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