It is essential that a community association keep careful records of its financials, rules, and meeting minutes, just to name a few of the kinds of records boards and managers must stay on top of. Not solely because the law often requires it – although of course that’s important – but because an association that fails to maintain a complete, orderly ledger of its business is doomed to repeat past mistakes. This is not to say that every association or building needs to have a cavernous archive on-site – we’re living in a digital era, after all. But knowing who needs to hold on to what information, where, and for how long is a must.    Read the article…………………………