Documents converted to digital storage are subject to retention guidelines that dictate they must be kept:

The correct choice indicates that documents converted to digital storage must be kept as long as they may be relevant. This approach aligns with best practices in record retention, particularly in the real estate industry, where the nature of transactions and legal obligations can require access to documentation for extended periods.

Keeping documents as long as they may be relevant ensures that any potential legal claims, audits, or inquiries can be adequately addressed. In real estate, transactions can have long-term implications, so retaining records helps protect against future liabilities or disputes. By maintaining these documents until they are no longer relevant, professionals comply with regulatory requirements and bolster their due diligence processes.

While specific state laws and company policies may set minimum retention periods for various documents, the principle of retaining records based on their relevance reflects a cautious and prudent approach to documentation in a dynamic environment like real estate.