Community Association Documents Need to be Available and Cannot be Lost
Community Association Management Best Practices, Condo and HOA Document Retention Policies

COMMUNITY ASSOCIATION ISSUES…WHERE DID EVERYTHING GO?

Establishing A Record Keeping System For Your Condo or HOA Can Save You a World of Trouble When you Need to Produce Them.

Community Association Documents Need to be Available and Cannot be Lost
When you need documents from three years ago…can you find them?

Here is a cautionary tale: A big wind comes and knocks off the roof of one of your condo or HOA buildings and you put in an insurance claim. The insurance company is very happy to honor your claim, but they need to see the last seven years of maintenance records for this roof or they won’t pay. Unfortunately, in the last seven years your board has changed five times and you have been through three management companies and six on site managers. Nobody remembers anything; some old board members have moved on, the management companies did not keep your records, and now your sure-fire claim will surely get denied.

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Community Association Ledger Accounting

ARE YOUR COMMUNITY ASSOCIATION LEDGERS ACCURATE?

AN OVERWHELMING NUMBER OF COMMUNITIES RELY ON OUTDATED ACCOUNTING PROGRAMS AND BILLING PRACTICES THAT RESULT IN FAULTY LEDGERS.

Are your community association ledgers being kept properly? Are they in good enough order that you would sit in a courtroom and swear under oath that they are accurate? If you have any doubt here are a few pointers that may help keep your ledgers in good order.
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Special Announcement

Axela Technologies Welcomes Yisell Hernandez as Marketing Manager

Axela Technologies announces the appointment of Yisell Hernandez as Marketing Manager effective May 1st, 2018. In this position, Hernandez will work directly with the company’s executives to oversee all marketing campaigns for Axela’s suite of services and will spearhead new initiatives as it prepares to roll out new solutions for Community Associations.

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