Proper Record-Keeping: Keeping a Paper Trail

Like any company, a multifamily residential community generates a lot of paperwork in the course of doing business, from employment records to tenant records and more. It can be an enormous amount of stuff to manage, and knowing what to keep—as well as what can be tossed —isn’t always obvious. In operating a multifamily community, though, it’s important to know what records must be discarded or kept, and for how long. Best practices and some laws dictate treatment of certain documents, and a building’s management-board team should at least be familiar with what goes where.   Read the article…………


Related Articles

Dog Poop and HOA Compliance

Picture this: you’re walking through your community’s common area with your family, enjoying an early-evening walk when you hear a

When Should You Update Your HOA Governing Documents?

Many governing documents are established immediately after the community’s developer completes construction. Therefore, these documents follow a standard set of

Up on the Roof: Roof Decks and Gardens Provide Urban Retreats

When space is a commodity, where can condominium associations put their gardens, their social spaces, even their hot tubs?  “On