HOA Operations
5
min read
What records must an HOA keep for compliance?
Most states require HOAs to keep financial reports, meeting minutes, and governing documents for seven years or longer to maintain compliance and transparency.
Core records
Maintain meeting minutes, budgets, reserve studies, vendor contracts, and owner ledgers. These provide the official history of the association’s actions.
Retention timelines
Financial documents are typically kept for seven years; governing documents and amendments should be retained permanently.
Digital storage
Use secure cloud storage with version tracking to make compliance simple and accessible during audits or transitions.
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