Idaho § 54-2049 RECORD RETENTION SCHEDULES

Idaho Statutes

§ 54-2049 — RECORD RETENTION SCHEDULES

Idaho § 54-2049

Title 54PROFESSIONS, VOCATIONS, AND BUSINESSES

Ch. 20IDAHO REAL ESTATE LICENSE LAW

This text of Idaho § 54-2049 (RECORD RETENTION SCHEDULES) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Idaho Code § 54-2049 (2026).

Text

All records required in this chapter to be kept and maintained by a real estate broker, including trust account and financial records, transaction files and other records are to be kept in the broker’s files according to this section. The following records must be kept by a broker for three (3) calendar years after the year in which the event occurred, the transaction closed, all funds were disbursed, or the agreement and any written extension expired:

(1)The original or true copy of all accepted, countered or rejected offers;

(2)Listing or buyer brokerage representation agreements and "consent to limited dual representation" forms;

(3)Transaction files and the contents required in section 54-2048 (3), Idaho Code;

(4)Trust account ledger records; and

(5)All trust account reconciliatio

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All records required in this chapter to be kept and maintained by a real estate broker, including trust account and financial records, transaction files and other records are to be kept in the broker’s files according to this section. The following records must be kept by a broker for three (3) calendar years after the year in which the event occurred, the transaction closed, all funds were disbursed, or the agreement and any written extension expired:
(1) The original or true copy of all accepted, countered or rejected offers;
(2) Listing or buyer brokerage representation agreements and "consent to limited dual representation" forms;
(3) Transaction files and the contents required in section 54-2048 (3), Idaho Code;
(4) Trust account ledger records; and
(5) All trust account reconciliation records, as defined in this chapter.