Final answer:
Real Estate schools must retain records of their students including the student's name, address, and hours awarded for a certain period, which is determined by state laws and regulatory guidelines for audit and licensure verification purposes.
Step-by-step explanation:
The question you're asking pertains to the regulatory compliance aspects within the field of real estate education. Real Estate schools are required to retain records that include the student's name, address, and hours awarded for professional or regulatory reasons. The specific duration for which these records must be maintained can vary depending on state laws and regulatory guidelines.
Typically, this information is vital for auditing purposes and to verify the educational credentials of those seeking licensure in real estate. Education standards and record-keeping practices are critical to ensuring the integrity of the professional certification process in real estate.
When you list your own education information, such as the name and location of your high school, your graduation date, and potentially your GPA if it's above a 3.0, you are creating a record similar to what real estate schools must maintain. However, in a professional context, accurate record-keeping serves to verify compliance with educational regulations and standards within the industry.