What document must be filed by a real estate licensee when there is an investigation?

What document must be filed by a real estate licensee when there is an investigation?

• A. The sales agreement
• B. The trust account record
• C. The notice of appeal
• D. The administrative file

Answer: (D)

In a real estate investigation, the administrative file is the correct document that must be filed by a real estate licensee. An administrative file typically contains all the relevant documents, communications, and evidence related to the investigation. This file is crucial for regulatory bodies as it provides a comprehensive overview of the circumstances surrounding the case, offering insights that facilitate informed decisions during the investigation process. This ensures that the investigative body has access to all necessary information to assess the situation thoroughly and fairly. By maintaining and filing the administrative file, real estate licensees uphold compliance with regulatory standards and contribute to the integrity of the investigative process.

In a real estate investigation, the administrative file is the correct document that must be filed by a real estate licensee. An administrative file typically contains all the relevant documents, communications, and evidence related to the investigation. This file is crucial for regulatory bodies as it provides a comprehensive overview of the circumstances surrounding the case, offering insights that facilitate informed decisions during the investigation process.

This ensures that the investigative body has access to all necessary information to assess the situation thoroughly and fairly. By maintaining and filing the administrative file, real estate licensees uphold compliance with regulatory standards and contribute to the integrity of the investigative process.