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lifecycle management on spaces?

Question asked by kay_be_ on Jan 3, 2012
I want to integrate a lifecycle management on documents in a space in my Company Home (not in a seperate Record management Site). For example I want to move files in space X that are older than 30 days in one archive folder. This space X is not part of a recordmanagement site.
Is that even possible? What is the best approach to do this?
Can I set up a record management site with data in a common space? Or does it have to be in a record management space?