Theft of RV Electrical Cords

Over the past week, we have received numerous reports from property owners in relation to the theft of electrical cords. If you have an exposed electrical cable going from your camper to your electrical box, please take precautionary measures to safeguard it, so that removal cannot occur. If you or anyone you know has had a similar problem, please inform security. We are working diligently to resolve this issue.

Receipt of Packages

The Association office and the gate house have frequently received packages addressed to the Association in the names of various property owners. Due to the fact that we cannot be held responsible for your personal items, your shipments will no longer be accepted by the Association. Please make sure your 911 address is posted appropriately, so that packages can be delivered directly to your lot. Your attention to this matter is greatly appreciated.

!Rabies Alert!

From the Accomack Health Department

A grey fox (like the one pictured) from Wallops Mill Drive in Trails End, Horntown, Virginia, has tested positive for the rabies virus. Please make sure your pets' rabies vaccinations are up to date (all dogs, cats, ferrets, and livestock)! If they are not, please make arrangements with your veterinarian for a booster shot as soon as possible.

If a wild or stray animal attacks you, immediately wash the wound with warm soapy water and/or alcohol, then notify the health department and your physician. If your pet is attacked, immediately notify the health department and call your veterinarian. If you handle your pet after an encounter, please wear gloves and immediately wash your hands with warm soapy water and/or alcohol.

Accomack County Sheriff's Department (757) 787-1131
Accomack County Health Department
Daytime Phone Number (757) 824-5616 ext. 3
Evening and Weekends Rabies Hotline (757) 824-5616 ext. 266 (Leave Message)

Property Transfer Clarification

In an effort to clarify any misunderstandings derived from any postings in the local newspapers regarding CBTEA’s property transactions it is important that you understand that the amounts posted do not represent an exchange of any real monies between that individual and CBTEA. These are postings of “Lot Take Backs” between delinquent property owners and the Association. The amount represents monies owed to the Association by the property owner(s) which have accumulated over many years.

Lot Take Backs are the final good faith effort of the Association to recoup outstanding debt. Owners in these instances agree to deed their property back to Chincoteague Bay Trails End in exchange for forgiveness of their debt. CBTEA can then sell these properties which helps to minimize any loss incurred by the Association.

Owner Financed Lots

The office has received some rent-to-own contracts and certain criteria must be met for these agreements to be valid. If the following items are not included, the agreement will be an assumed rental:

• There must be an equitable interest in the property, which means there must be a significant down payment of at least 20% of the sales price. For example, $500 down and $300 per month for the next 15 years is not an equitable interest in the property.
• An interest rate must be included.
• Terms of the contract i.e., monthly payment, due date, and maturity date.
• The contract must be recorded at the county.
• The seller must relinquish their owner cards before new owner cards can be issued to the buyer.
  
  Ownership can be conveyed with the presence of a deed of trust or a valid lease/purchase contract showing an equitable interest in the property. If you need additional information or have any questions, please contact the office.

Collection Procedures

The office has received some questions concerning the collections policy. Please note we have proceeded with collection efforts as per the Board of Director’s resolution dated October 26, 2008. A copy of the resolution is available at http://www.trailsendassoc.com/documents/Collections_Resolution.pdf and copies can also be obtained at the office.