save tenant files? (by RA [NJ]) Jul 27, 2011 12:02 PM
save tenant files? (by LandlordWhisperer [VA]) Jul 27, 2011 12:47 PM
save tenant files? (by in [IN]) Jul 27, 2011 12:48 PM
save tenant files? (by Connie [ND]) Jul 27, 2011 12:50 PM
save tenant files? (by Mike45 [NV]) Jul 27, 2011 5:06 PM
save tenant files? (by RA [NJ]) Posted on: Jul 27, 2011 12:02 PM Message:
How long should I save former tenant files?
They have left in good standing with me. No one has ever called for a reference. I have files going back 10+ years.
Thanks!
--173.72.xx.xxx |
save tenant files? (by LandlordWhisperer [VA]) Posted on: Jul 27, 2011 12:47 PM Message:
FOREVER * scan and keep electronically if you don't have storage....lawsuits HAPPEN --184.2.xx.xxx |
save tenant files? (by in [IN]) Posted on: Jul 27, 2011 12:48 PM Message:
Scan them and throw the away..
I had a legal case once they ask for discovery for the names of all tenants names and all the cases we had filed in court and wheather we had prevailed.
We gave it to them and told them we prevailed in all case, and it was a matter of court records...
They soon settled.
10 year an Attorney will shread your records and will send you a notification of his intent. --67.175.xxx.xx |
save tenant files? (by Connie [ND]) Posted on: Jul 27, 2011 12:50 PM Message:
I image all of mine after 10 & make a copy of the disc. I figure better safe now than sorry later. --64.31.xxx.xxx |
save tenant files? (by Mike45 [NV]) Posted on: Jul 27, 2011 5:06 PM Message:
My property acquisition files, I save for ten years after I sell the property.
My tenant files, I save for ten years after the tenant leaves. But if the tenant comes back to me (several have), I will save their files from the first tenancy until ten years after the second (or third or ...) tenancy ends. Just in case.
IN, the pointless discovery is a good reason NOT to keep your files for too long. (But I would have objected to giving tenants' names on privacy grounds.)
--216.240.xx.xxx |
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