How Long Do I Have to Keep Transaction Documents on File as a Real Estate Agent in New York?
Chris @ Cribfox (https://cribfox.com/) explains how long real estate agents in New York must retain transaction records such as agency disclosure forms.
Chris also explains the consequences of not complying for New York State regulations around document retention, and the serious monetary penalties the agent and/or his or her brokerage might face if they don't comply.
We'll also show you some tips and tricks in this video on how you can make compliance and document retention easy with a free account at https://cribfox.com/.
Remember, real estate brokerages themselves are on the hook ultimately if one of their real estate agents does not comply. If the real estate agent leaves the firm, and a customer starts a legal dispute for the commission some time later, the brokerage firm is still on the hook!
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Send real estate disclosure forms in just a few simple clicks with https://cribfox.com/
Create a free account: https://app.cribfox.com/
Email: team@cribfox.com
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