For those of you who are planning on shredding past files, this is from the 2009 Real Estate Manual:
E. Transaction Files and the Retention of Records
The records of licensed brokerage activity must be retained for four (4) years per C.R.S.12-61-113(l)(i). Rules E-4 and E-5, as well as the commission position statement on recordkeeping (CP-9) control the contents of the broker’s property transaction file. Rule E-3 requires any licensee to produce appropriate records concerning licensed activity and operation of the trust accounts upon the request of the commission.
Brian L. Thomas
Assistant Managing Broker
Coldwell Banker Residential Brokerage
720-934-4745 direct
303-675-5657 fax
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