What's new

Researching property on GIS. What is a trustee?

Silver Chronicles

Jr. Member
Joined
Nov 3, 2012
Messages
60
Reaction score
9
Golden Thread
0
Location
Midwest
Detector(s) used
M6
Primary Interest:
All Treasure Hunting
I drove by a boarded up house the other day on a road that is close to my house. I never drive on this road, but when I noticed the house, I looked it up on historic arials and my local gis. It was there well back into the 50's, so it is a good spot. I looked on gis to see who owned it and noticed it was owned by a trustee. My question is, what is a trustee? Is it like an inheritance or something? It is clear that no one lives there. Thanks!

HH Michael
 
Upvote 0
Yes, if it is owned by a trustee then its something to do with inheritance. It doesn't mean that one person owns it, more like a group of brothers/sister/grandkids, etc. They all share in the upkeep costs and if it ever sells then they all split the profits.
 
Yup, the property is part of a trust. The trustee makes the decisions about the trust. Could be a family trust or corporation. You'd have to contact the trustee to get permission. Offer to pick up any trash on the lot in exchange for permission to search. You'd want to do that anyway to make your hunting easier and it shows the trustee that you aren't just some knucklehead that's going to tear up their property.
 

Users who are viewing this thread

Back
Top Bottom