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Asked in AL May 26, 2022 ,  0 answers Visitors: 9

Management Trust

I purchased a condo and my deed reads as of 9/05. I am not sure why my deed now as of 1.06 has me as trustee of a Management Trust. Can this have anything to do with my will? Why the date difference?

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Anonymous
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Posted on / Aug. 11, 2008 18:55:00

Re: Management Trust

While I don't practice much in the way of property I believe the management trust is just a part of your condo association ownership. I would think that however your real property is directed under your Will to your heirs would be where these rights would transfer. I think that the answers to the management trust will be found in your condo closing/ ownership documents.

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