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

HOA Manager Balancing Act, Part II

The Management Contract should clearly define the relationship of the parties.

Utilizing social media in your community

Modern communication has moved on from the carrier pigeon. But has your community association embraced the modern age of instant

When Differences turn into Dysfunction: Why Your Board of Directors Needs a Code of Conduct

The role of board members in a community association is fairly straightforward: keep informed on the association’s business operations; be