How long can a new property manager retain records after receiving written notice?

The retention period for a property manager after receiving written notice is specified in the context of managing records and provides a guideline for how quickly they must respond. In this case, a property manager is required to retain records for 10 business days. This timeframe allows for appropriate documentation and communication between parties, enabling the management to fulfill their obligations while also ensuring that tenants' rights and needs are met in a timely manner.

Choosing this duration signifies a balance between being prompt in addressing issues while also providing adequate time for action. Retaining records for this length of time is crucial as it helps in maintaining transparency and accountability in property management practices. Other durations provided in the options either do not adhere to regulatory standards or may not allow sufficient time for proper processing of the needs that arise after written notice is given.