Where must HOA records be kept?

The correct answer highlights the requirement that homeowners' association (HOA) records must be maintained within a specific geographical range, which is established by regulations to ensure accessibility for homeowners. Keeping records within 60 miles of the common interest community (CIC) facilitates transparency and allows homeowners reasonable access to important documents related to the management and governance of the association.

This location requirement supports the overall goal of promoting community involvement and ensuring that residents can engage with their HOA effectively. Access to records is critical for homeowners who wish to review bylaws, meeting minutes, financial statements, and other essential documents necessary for informed participation in community affairs.

While it’s important for records to be available, simply stating that they should be accessible 24/7 without a defined location does not meet the legal standards set by HOA regulations. Similarly, while copying records for homeowners at no charge enhances transparency and community trust, it does not address the necessary location provision for where those records must be physically stored.