---
title: Condo trustees who sold out are still registered with state
description: "There has been a new trustee every year and no one has done the \"release & accept\" and had it notarized. Legally the Trustees are still the Trustees?"
image: https://www.condoassociation.com/hubfs/Close%20up%20of%20a%20lot%20of%20law%20reports%20in%20library.jpeg
---

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# Condo trustees who sold out are still registered with state

| [Board of Directors](https://www.condoassociation.com/blog/topic/board-of-directors) |  

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## What do you think? Question:

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."

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## What do you think? Answers (7)

#### What are your thoughts on this topic?

***Comments and postings are not legal advice**, but are the opinions of our readers. This forum and its contents are being monitored. Please be respectful of each other. *  
  

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