Im a new trustee, where do I start?
READ YOUR INDENTURES!!! All the business that takes place in a subdivision is governed by the indentures. The copies of the indentures the owners have MUST be the official recorded copy and complete with any amendments. If your copy is not stamped with a book and page number, go to your county’s Recorder of Deeds office and get the copy on file there. That is the official copy. While you are there, pick up a copy of the official plat maps. They spell out all subdivision areas including common areas and easements. This information is important to have. It spells out what the subdivision is responsible for maintaining. This will come in handy when youre telling your grass company what to cut and the insurance carrier what to insure. Your first job is insurance coverage (see below). The rest of your job entails setting a budget and corresponding assessment amounts, contracting for the maintenance of common areas, architectural control matters (adding decks, fences, pools, etc) and enforci
