Real estate agents - building managers

Real estate agents and building managers are responsible for managing the property of owners and tenants. This means they need to keep important documents and information in order to fulfil their responsibilities.

These documents are often also needed to resolve disputes or to prove compliance with laws and regulations.

Real estate agents and building managers must comply with various laws and regulations applicable to their field of expertise, such as the Co-Ownership Act and the Breyne Act. By keeping documents for a certain period of time, real estate agents and building managers can prove their compliance with these laws and regulations.

All in all, the mandatory retention period for documents is vital to ensure that real estate agents and building managers are able to meet their responsibilities, comply with laws and regulations, and improve their operations. Failure to comply with this retention period may result in legal consequences and may negatively affect the reputation of the real estate agent or building manager.