I own a condo in a small 4-unit association. The Trustees on file with the Registry of Deeds owned a condo here from 2004-2016. When they sold their unit, another woman took over as Trustee. And, then she sold and another guy took over, then he sold....you get the picture. There has been a new Trustee every year and NOT one of them has done the "release & accept" and had it notarized at the Registry of Deeds. So, legally the Trustees who sold their unit in 2016 are still the Trustees, right? I mean, since their names were never removed. Also, the condo association has never filed federal taxes. Even though we operate as a non-profit, aren't we required to file from 1120-H annually or face a penalty from the IRS? I have brought these issues up at every single condo association meeting. Current Trustee says, "we're not running this like the military. Pay your fees & shut up."
