Deerfield News Connection

April 12, 2025

​

Leadership Matters for Deerfield’s HOA

 

What the Numbers Show

A recent review identified nearly $119,000 in avoidable fines, tax penalties, and fees charged to the Deerfield Resort HOA account from 2019 to 2024. Additionally, $87,500 from the same account was used to repay an alleged loan made by Fields Real Estate to Fields Development, without the knowledge of Deerfield Resort property owners or supporting documentation.

 

Single Account Oversight

All financial transactions flowed through one bank account. At the time, one individual held multiple leadership roles as President of both Fields Development and Fields Real Estate, while also serving on the Deerfield Resort HOA board - as President from 2020 through 2022. These overlapping positions present potential conflicts of interest and lack of oversight in decision-making.

 

Deerfield Resort HOA Corporate Filings with the State, 2016-2022

 

Key Considerations for Property Owners

 

• Be Aware of Conflicts of Interest: When one individual holds roles across multiple related entities, it becomes important to ensure that decisions are being made in the best interest of property owners.

 

• Ask for Full Transparency: A well-functioning HOA provides access to detailed financial records, including how funds are spent and why. Property owners should be informed about significant expenditures and financial decisions, particularly those involving loans, penalties, or legal matters.

   

• Support Strong Governance:  Effective homeowner associations are guided by clear checks and balances. Voting for board members who prioritize openness, fairness, and community interest strengthens the HOA’s foundation.

   

• Unauthorized Use of Funds: Security and maintenance funds were improperly used to settle a reported debt between two companies without the knowledge or consent of the property owners. This decision was authorized by a single individual who had oversight of the lender, borrower, and Deerfield Resort, underscoring the urgent need for greater transparency and accountability.

 

Why This Election Matters
The direction of Deerfield’s HOA will be shaped by those chosen to lead it. This election gives property owners the opportunity to support candidates committed to financial responsibility, transparency, and putting the community first.  

 

What will Deerfield’s new board stand for?

This election is your chance to decide.

Candidate Information

deerfieldtnpoa.org