Nashville Homeowners Filed Lawsuit Over Missing HOA Funds

Residents of Brookview Forest sued the former board after account balances dwindled to just $850.

Updated on Sept. 23, 2026 in Financial Crime

Bold flat-color editorial illustration depicting a simplified iron gate silhouette, symbolizing neighborhood financial loss and institutional failure. — Homeowners at the Brookview Forest association in Nashville sued former board members in Davidson County Chancery Court, alleging $240,000 in unauthorized transfers. AI Illustration. Upload story photo >

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Nashville homeowners filed a lawsuit in Davidson County Chancery Court seeking $240,000 in missing funds from the Brookview Forest Homeowners Association. The suit alleges that unauthorized transfers and checks depleted the association's treasury, forcing residents to pay $80,000 in additional fees.

Why it matters

The case highlights the vulnerability of neighborhood associations to financial mismanagement or fraud. Residents now face significant financial burdens to cover operating costs and projects that were originally funded by their regular dues.

A lawsuit was filed in Davidson County Chancery Court citing $240,000 in missing funds, while the Tennessee Bureau of Investigation is probing criminal allegations against Gasser Property Management. The legal process follows a recent order for the management firm to pay damages to the Provincetown Townhome Homeowners Association.

The players

Brookview Forest Homeowners Association

This is a residential neighborhood organization in Nashville currently embroiled in a legal dispute over financial oversight.

Gasser Property Management

This firm is currently the subject of a Tennessee Bureau of Investigation probe regarding criminal allegations related to HOA financial management.

Tennessee Bureau of Investigation

This is the state law enforcement agency responsible for conducting investigations into potential criminal activity throughout Middle Tennessee.

Davidson County Chancery Court

This is the judicial body where legal disputes and civil lawsuits regarding property and financial equity are adjudicated in Nashville.

Based Pepe LLC

This is the external entity identified in court filings as a recipient of unauthorized funds from the homeowners association account.

The details

The lawsuit claims the Brookview Forest board failed to maintain proper financial records, allowing funds to be depleted through unauthorized payments including $4,100 sent to an entity identified as Based Pepe LLC. In total, the plaintiffs allege $165,000 was moved from accounts without explanation, and a separate $40,000 check was issued to a different neighborhood board.

The Brookview Forest HOA board members resigned in late 2025.
The lawsuit regarding the missing funds was filed in September 2026.

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Legal Context

This litigation follows a pattern established by the recent court ruling against Gasser Property Management involving the Provincetown Townhome association. The ongoing scrutiny reflects increasing legal pressure on property management firms operating within the Nashville area.

The ongoing Tennessee Bureau of Investigation probe may lead to new oversight requirements for local property management firms to ensure better protection of resident funds. Residents in similar associations should verify their current financial standing and request transparent reporting from their boards.

The takeaway

Homeowners should conduct regular audits of association financial statements to prevent unauthorized transfers and unexplained account depletion. Staying informed about board management practices is essential to protecting community resources from potential misuse.