<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1061566567187268&amp;ev=PageView&amp;noscript=1">
Skip to content

Condo trustees who sold out are still registered with state


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."


Answers (7)

What are your thoughts on this topic? Please share your answers below. We ask that you remain respectful of each other, and be advised that responses are monitored.