The Real Estate Management Checklist is a comprehensive, fillable PDF designed to help trustees properly manage, protect, and document real property held in a trust. Real estate is often one of the trust’s largest assets—and one of its greatest sources of fiduciary risk—making consistent oversight and documentation essential.
 
This checklist provides a structured, property-by-property framework covering title and ownership verification, insurance coverage, property taxes and assessments, maintenance and repairs, tenancy and rental management, financial tracking, and eventual sale, distribution, or transfer. Trustees are guided through securing property, maintaining adequate insurance, tracking income and expenses, complying with landlord-tenant laws, and reassessing whether continued ownership is appropriate.
 
Ideal for use with residential, rental, commercial, or vacant trust-owned property, this checklist helps trustees demonstrate prudence, preserve property value, and maintain defensible records for beneficiaries, professionals, or court review. The fillable PDF format allows trustees to update the checklist electronically over time and retain a complete management record for each trust-owned property.