Tennessee homeowners sue developer over alleged HOA control and fund mismanagement

More than 40 residents of a tiny-home community have filed a $5 million lawsuit accusing a former developer of retaining improper control over their homeowners associations and mishandling financial resources.

1 Sept, 17:24 — 1 Sept, 17:24

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Times of IndiaMostly Factual2d ago

40+ Tennessee Tiny-home owners sue over ‘zombie HOA’ they say developer still controls

More than 40 homeowners in Tennessee’s Sunset Bluff community have joined a $5 million lawsuit against developer Claude “Chip” Hayes III, accusing him of retaining control of their HOAs and mismanaging funds. Residents allege that nearly 80% of one HOA’s budget went to a lawn care company owned by Hayes, while several promised amenities remain unfinished.

By TOI World Desk

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Tennessee homeowners sue developer over alleged HOA control and fund mismanagement

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40+ Tennessee Tiny-home owners sue over ‘zombie HOA’ they say developer still controls

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