What must the owner maintain to ensure timely completion of all recertifications?

A tracking system is essential for owners to ensure timely completion of all recertifications. This system allows the owner to organize and monitor important dates, documentation requirements, and deadlines associated with tenant recertifications. By maintaining a robust tracking system, owners can effectively manage their processes, minimize delays, and ensure that all necessary actions are taken in compliance with housing regulations.

While financial records play a critical role in the overall management of a multifamily property, they are not directly related to the recertification process itself. Similarly, tenant feedback can provide insights into tenant satisfaction and areas for improvement but does not support the operational efficiency required for handling recertifications. Inspection logs are important for property maintenance and compliance but do not directly assist in tracking recertification deadlines and requirements. Therefore, a tracking system is vital for streamlining the recertification process and ensuring that it is completed on time.