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how long to keep real estate sale documents?
how long should I keep sale documents? Do electronic copies exist somewhere or do I have to keep them forever? thanks.
Asked By Takira J | Florence, AL | 2225 views | Tips Advice | Updated 2 months ago
Answer(8)
Chris Hoffman
Lehigh Valley Just Listed, LLC
In most states, your agent is require to provide you with a copy of yoru documents, typically electronically. Most real estate offices are required to keep all documents on file for 3 years. You never know whne the information form your real estate transaction amy be needed. I woudl reccomend kepping an eletronic copy for at least 3-5 years. Even longer if you can. You never know wnat you may need, untill you need it.
- 2 years ago
Helpful (1)
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Jennifer Hoffmann
Hamner Real Estate LLC
Three to five years is good rule of thumb for most real estate documents. If you have your original recorded deed, keep it in a secure place forever.
- 2 years ago
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Glenda X Bozett
Michael Alexander Properties
brokers are required to keep it for 3 years.
- 2 years ago
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Gloria Mitchell
Wilkinson Triad Realty
Real estate sale documents should be kept for at least seven years after the date of the sale. I keep my documents forever in the cloud.
- 2 years ago
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Claudia Looi
Keller Williams Landmark II
In general, you should keep real estate sale documents for at least 7 years, ideally as long as you own the property, and for several years after the sale. These records are often needed for tax purposes, such as calculating capital gains or responding to IRS or state inquiries.
While some documents may exist electronically with your attorney, lender, or the county, there is no single place that stores everything for you. It’s safest to keep your own copies, either paper or digital, of key documents such as the closing statement, deed, settlement statement, and purchase records.
Scanning and saving them digitally is good enough, as long as the copies are clear and complete.
While some documents may exist electronically with your attorney, lender, or the county, there is no single place that stores everything for you. It’s safest to keep your own copies, either paper or digital, of key documents such as the closing statement, deed, settlement statement, and purchase records.
Scanning and saving them digitally is good enough, as long as the copies are clear and complete.
- 3 weeks ago
- Helpful (0)
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Jim Rossi
RE/MAX 2000
States very for the time required for a Brokerage or an attorney to retain documents but both can go out of business so I would recommend you keep them until you no longer own the property just in case.
- 2 years ago
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Jeanine Wood
Allison James Estate And Homes
Takira, when it comes to real estate documents, I always recommend keeping them, if something ever comes up you have the documents and are not trying to get ahold of someone else that may have the files.
- 2 years ago
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Jennifer Hupke
RE/MAX Forward
Short answer: Keep your real estate sale documents forever—at least in digital form.
Why:
Title companies do not reliably keep permanent copies you can access later.
Having your original owner’s title policy can save you money on future title insurance (it’s often a seller-paid item, but the discount only applies if you can produce it).
Clear records help with taxes, improvements, disputes, refinancing, or resale.
Best practice:
Scan everything and store it securely (cloud + backup). You don’t need paper forever—but you do want your own permanent digital record.
Why:
Title companies do not reliably keep permanent copies you can access later.
Having your original owner’s title policy can save you money on future title insurance (it’s often a seller-paid item, but the discount only applies if you can produce it).
Clear records help with taxes, improvements, disputes, refinancing, or resale.
Best practice:
Scan everything and store it securely (cloud + backup). You don’t need paper forever—but you do want your own permanent digital record.
- 2 weeks ago
- Helpful (0)
- Unhelpful (0)
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