How long to keep Recordation of Home Sale Documents?
Posted By Barbara Baker @ Jan 2nd 2017 8:52pm In: Sedona Homes for Sale
Arizona law requires that real estate brokers keep records of all real estate sales for at least five years, but there is no Arizona law requiring sellers to keep records of real estate sales.
A reasonable period of time for a seller to keep all of the home sale documents would not be longer than the five years required for real estate brokers. However, a seller of a home can generally be sued for up to six years for a breach of contract claim, so keeping the purchase contract documents for a period of six years after closing is preferred. For all you Sedona Real Estate Needs, you can email me here, or call or text me at 928-301-0669.
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