At the 2022 annual meeting 2 board positions were vacated. Brad Davis & Mike Landy were re-elected to fill the board positions. Your current board consists of:
There is a Facebook page for Five Oaks but it is not administered by the HOA. The page is called Five Oaks Golf Community
In July 2008, we sent all lot owners a letter indicating the Five Oaks Homeowners Association intention to enforce the two (2) year time limit for house construction. The legal document governing the Five Oaks Homeowners Association, DECLARATION OF COVENANTS, CONDITIONS AND RESTRICTION FOR FIVE OAKS, states that "construction of the primary residence on a lot shall be completed within two (2) years of the initial purchase of such lot from the Developer." The HOA does still intend to enforce the Covenants with regard to the matter, however, the board has voted on a new interpretation of the clause within the Covenants. The word "Developer" was always understood to mean the original developer of the subdivision, The Farm. However, with the new interpretation, the "Developer" can now mean anyone who bought the lot with the intent of developing it.
Therefore, if a lot owner chooses to sell their lot, a new two (2) year time frame to build will begin for the new lot owner. And each subsequent owner, if any, will have a fresh two year period to begin construction. For current lot owners who do not intend to sell their lots, the July 2010 deadline to begin construction still applies.
The board voted in August 2010 to modify the fine structure for the 2 yr construction violation due to the economic climate in the housing market. The board has reduced the fine to $50/mo. and has also deferred payment until the lot sells or a home is built. There is no time frame on the deferment period. The board voted to suspend the fine for the 2012 year and the suspension has continued through 2020.