Which item is typically NOT found in a brokerage real estate transaction file?

In a brokerage real estate transaction file, the focus is primarily on documents that are essential to the transaction process, such as agreements, receipts, and disclosures. The real estate purchase and sale agreement outlines the terms between the buyer and seller, while receipts for trust fund deposits provide proof of any funds held in trust related to the transaction.

Disclosures are also a critical component, as they protect both the brokerage and the client by ensuring that all necessary information about the property has been communicated. However, a copy of the deed to the property is typically not included in a brokerage's transaction file since the deed is a record of ownership that is provided to the county recorder’s office following the closing of a sale and is not part of the transactional documentation maintained by the brokerage. Instead, the deed serves as formal proof of ownership transfer, and is not a document that would be commonly kept in the brokerage's files. Therefore, identifying the deed as not typically found in the transaction file is accurate.