jaxs
Elite Member
I wouldn't expect method of enforcement to be spelled out in the covenants. In Tx the choices would be (1)filing lien against each property that owed,(2)filing claim in small claims court or(3) hiring a lawyer and that's in preferred order because judgement in 2&3 would likely require 1 in order to collect. I would send registed letter demanding payment. If payment isn't received,file lien. Property owner will be notified by tax office and given opertunity to dispute which some will likely do. Of those that despute,some will likely pay up. Those that refuse to pay will have lien on property until debt is settled. Debt accrue's 9% interest until payed. The dept must be settled before money is borrowed against property or ownership is transferred. It might be 20 years before they sell but they will pay before they sell. Just look at it as savings for kids/grandkids college fund because no bank pay's near 9% on savings accounts.No, I 'm not "in charge" of the road, but it has gotten so bad that someone has to do something. There is only one other neighbor (that just moved here last fall), that is even willing to help with their small tractor. Only 3 other homeowners (out of 8) will even contribute to the cost (and at that only a couple of hundred of dollars). There is a road maintenance "agreement" in the covenants of the land, but no way to actually enforce it. Make sure that the land you have has some kind of enforcement on the maintenance costs.
As to the trailer,even if you cobble something up,you'll be lucky not to be seriously injured while dumping with methods that have been suggested. Used dump trailers hold value (actuall all trailers do) and are easy to sale. A 7k PJ dump sell's new for $4200 and should easily bring $3500 when finished. Inquire at the material supplier if they have belly dumps for owner-operator use delivering material. When given the choice between sitting home waiting to be dispatched or earning something,an owner-operator that
normally pull's freight will deliver a bit cheaper than full time dirt haulers. Besides,belly dumped is a breeze
to spread. I'm not clear on how far down you are on the 1 mile drive. To hold down investment, I would only do the work up to my property but file lien on all slackers since they will travel the repaired section. I don't envy your predicament.