Results 1 to 3 of 3
Like Tree3Likes
  • 1 Post By r_lee5
  • 1 Post By dakselfstorage
  • 1 Post By FHARumRunner

Thread: How long do you keep facility records for moved out and auctioned tenants?

  1. #1
    r_lee5 is offline Senior Member
    Join Date
    Jul 2010
    Location
    Lodi Ca
    Posts
    100

    Question How long do you keep facility records for moved out and auctioned tenants?

    We have grappled with this for a while now and have settled on the following:
    Moved Out tenant records are discarded at the end of the year.
    Auctioned tenant files are boxed and saved for three years.
    What's your practice?
    Storage Station likes this.

  2. #2
    dakselfstorage's Avatar
    dakselfstorage is offline Senior Member
    Join Date
    Oct 2010
    Location
    Leesport, PA
    Posts
    713

    Default Re: How long do you keep facility records for moved out and auctioned tenants?

    I am going through old records now. I am cleaning up the office. I was wondering the same thing. My thinking is moved out tenant leases 3 years as someone can only sue up to two years. The extra year is just a buffer. Lien sale I think I should keep for 7 years as they are sent to collection after sale. The collection agency will try to collect that long.
    Storage Station likes this.
    Joe Krezdorn
    DAK Self Storage
    Leesport, PA 19533
    www.dakselfstorage.com

  3. #3
    FHARumRunner is offline Senior Member
    Join Date
    Jan 2008
    Location
    Statesville, NC
    Posts
    752

    Default Re: How long do you keep facility records for moved out and auctioned tenants?

    I keep everything for seven years and then shred it for disposal. I know it's rather redundant but that's my nature. It doesn't take up much room.
    Storage Station likes this.
    The End Is Near!

 

 

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •