What is required for transaction records to be stored electronically in Maryland?

The correct answer highlights the requirement that licensees must provide a paper copy upon commission request. In Maryland, while electronic records can be used for transaction documentation, regulatory compliance includes the obligation to ensure that these records can be made available in paper form if requested by the commission. This stipulation ensures that all records remain accessible and verifiable, reinforcing the importance of maintaining integrity in real estate transactions. Making records available in physical format addresses any issues that might arise from electronic storage limitations or failures, ultimately serving to uphold consumer protection and regulatory oversight.

Other considerations, such as the duration of storage or the capacity of the storage system, though important, do not directly align with the specific regulatory requirement regarding the provision of paper copies. The requirement for a storage system to be on an approved list is also significant; however, it does not directly relate to the need to furnish records in paper format upon request, which is a crucial component of compliance in Maryland's real estate sector.