On a given day, life is filled with so many things that you need to remember it’s almost impossible to retain it all. For example, can you remember the dates of your car’s last oil changes or the mileage on your car? Or when you had your blood work done? Do you remember how many times you fixed a particular appliance or how much money you spent on the job?
Log It!
Most likely you’ll write this information down on a calendar or in a notebook so you can refer to it when needed. For instance, you wouldn’t want to get blood work done again when you’ve already had it done or pay for an oil change when your car doesn’t need it. And knowing how much you’ve spent on appliances can actually save you money. If your washing machine has broken down several times already and you’ve already invested hundreds of dollars on repairs, it might be worth buying a new one instead.
It’s even more difficult trying to remember everything that goes on in a condo or co-op association. Residents call in every day with maintenance requests. Systems need to be maintained on a regular basis and supplies need to be ordered. It’s important to maintain accurate and up-to-date maintenance logs in buildings and HOAs.
A maintenance log is a written record of what repairs have been made and when, including scheduled and unscheduled repairs. These records can cover major items such as roof or boiler replacements, down to small stuff like how often supplies are ordered. Keeping thorough records helps regulate maintenance, identify trends and keep repairs timely and appropriate, according to Barbara Drummond, PCAM, CMCA, president of Prime Management Inc. in Barnegat.
“Record-keeping is an important aspect of what good management should be doing,” Drummond says. “In order to properly maintain the building, you have to understand what the maintenance history is to know when things will be coming due before they show signs of wear. If you have a property with numerous buildings that need to be painted or stained, that you have a schedule showing what buildings were painted when and what materials were used so that history can be used in the future for proper maintenance of the building.”
It’s important to keep an up-to-date list of supplies you need to run your building community effectively and efficiently. If something breaks or leaks, having the part on hand is vital to correcting the problem, especially if the problem happens over the weekend or on a holiday. Not knowing how much you have left of one item or another can leave you in a difficult bind should something go awry. Property managers, accounting personnel and other office staff are typically responsible for updating any logs, but it depends on the property, size of staffing and type of equipment they have.
“We can always answer a question quickly from a homeowner if there's an issue as to what was repaired and when,” Drummond says. “We would be able to identify the contractor that did a repair and be able to get them to come back if there's a problem. Over the long-term, it would eliminate the possibility of duplication of repairs and additional costs. Keep information relative to the cost for any projects you're doing so in the future you can include them when you update your capital reserve study. If you're replacing roofs or siding you want to know what building were done when and what the costs were. Without that information, you can't accurately predict what your costs are going to be and how much money you should be putting into your reserve fund.”
In New York City, Al Estrada has been the resident manager of 250 West 94th Street, otherwise known as The Stanton, for 17 years. He says that the most important part of his job is logging. “I keep logs for everything from the boiler to how much water the laundry room is using,” he says. “Every morning I take numbers down. We use it to compare notes to see what the building is being charged. It also tells me, for instance, how much water the boiler is using in the wintertime and it can let me know where I'm losing water.”
If you aren't already logging, Estrada suggests taking a union course if available. “Logging is part of the job and it’s important to know how much stuff you're using.”
State Requirements
While keeping record of things such as maintenance, ordered supplies and financial records is highly encouraged by property managers, logging some of this information is a legal requirement in the state of New Jersey. According to Sean Herman, Esq. of the Princeton-based law firm of Lieberman & Blecher P.C., “The New Jersey Condominium Act, N.J.S.A. 46:1, et seq., requires a condominium association and its governing board to make available to every unit owner, at a 'reasonable time,' the association’s accounting records,” Herman says. “The Condominium Act only expressly requires an association to provide 1) a record of all receipts and expenditures of the association and 2) a complete accounting of the association’s common expense assessments.”
“Further,” Herman continues, “the association is also obligated to produce for inspection whatever remaining documents are stated in the association’s governing documents. All accounting information concerning reserve funds and assessments would be expressly required to be produced under the Act.”
Storage and Shredding
Because of strict state requirements, property managers say it is essential to keep a copy of every transaction, repair and order made. “I keep maintenance logs for the full length of time I'm managing a property—I keep it all,” Harry Fischer of Executive Quality Property Management in Marlboro, says.
“I have an obligation to turn over that information to anyone who asks for it as far back as I'm involved. I wish I didn't—I have a storage facility filled with 100 boxes of information going back as far as 14 years in some cases. I can say that I keep a log of every supply that is ordered. A physical copy of every invoice is kept and scanned. A copy of every check is kept and scanned. A copy of every repair is scanned. The archived documents are kept in a locked storage facility. The current documents are kept in lockable file cabinets within my office. If I do dispose of information, I have it shredded by a professional shredding company,” he says.
For those who wish to avoid having to deal with storage units and filing bins full of records, there is a new online service that can help retain institutional memory. My Green Condo, Inc. (mygreencondo.net), which is based out of Hightstown, is an online service that assists condos and HOAs with their record-keeping and paper reduction. Co-founder and business development manager Ranjan Sankarasivam said this service also promotes continuity, as all the community documents, whether they are bylaws/house rules, administrative operations, management forms, residential leases, etc., can be stored digitally, and will be there for future generations. Although board members, management companies and unit owners change, the building’s institutional memory and records will remain intact, he says.
Legal Woes
A lack of diligent maintenance logging not only results in disorganization and redundant repair fees, it can also lead to costly legal issues according to experts. “If you keep poor records and fail to maintain something properly, it will likely cost premature failure of some kind, and it's possible that such premature wear and tear could result in additional expense to the homeowners that might foster litigation,” Drummond warns.
“In the event an association is not maintaining required records, or is not making the required records available to an association member entitled to such an inspection, than the affected member may seek judicial assistance from their local county Superior Court,” Herman explains. “Such relief would be in the form of an injunction or other order requiring the association and the association’s governing board to produce or maintain the required records. In addition, the Condominium Act also permits affected members to notify the Commissioner of the New Jersey Department of Community Affairs (DCA) regarding the association’s failure to make the required records available. The DCA may then, after a review of the circumstances, order the association to comply with the Condominium Act, the association’s governing documents, and with the request.”
Playing Catch-Up
If a property manager finds themselves in the dreaded situation of taking over a multifamily building from someone who lagged on record-keeping, experts assure there are ways to play catch-up.
“Start updating what information you have and fill in the blanks as you go. You can look through any accounting information. Oftentimes it's helpful as to what has actually been done. You can go through the accounting records and at least get a starting point,” Drummond says.
Fischer recommends bringing in a professional to evaluate the building and establish a starting ground. “You could potentially do an assessment of the condition of the building by a professional contractor or engineer. Once you have a baseline of the condition, you start by coming up with a plan to either schedule maintenance or future repairs,” Fischer says.
Whether you use a binder, a notebook or a fancy database system, logging in your maintenance information is vital to keeping your building running smoothly and your residents happy.
Lisa Iannucci is a freelance writer and a frequent contributor to the New Jersey Cooperator. Pat Gale, associate editor of New England Condominium, a Yale Robbins publication, and Editorial Assistant Enjolie Esteve also contributed to this article.
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