In the interest of clarity, and in response to recent questions regarding the Board’s disposition of lots within the community, the following is a recap of a recent transaction.

Does the Association own property and building lots in the community?  Yes, the Association owns several parcels of land within the community.  This includes all the land on which the community’s assets and recreational facilities stand, the boat ramps and adjacent properties, the beaches, the bottoms of Cabin Point Creek and Betty’s Pond, etc., and several large wooded and wetland parcels that are being preserved as “green space” for the community’s owners and residents.  In addition to these parcels, the Association owned a few buildable lots that were acquired over many years. Today, the Association owns only two building lots (Lot 174 and Lot 339).  All other lots in the community are owned by private individuals.

The Land Exchange Offer. In late spring, we were approached by the owner of a lot the Association had long sought to acquire because it is contiguous to the existing Clubhouse property and it has a paid sewer tap.  The builder’s offer was to pursue a land-swap arrangement (Land Exchange Contract) under which the Association would acquire GH Lot 174, Section 4, in exchange for GH Lot 70, Section 4, and GH Lot 162, Section 1.

In June 2026, the Board voted by email, without objection, to pursue a land-swap arrangement under which the Association would acquire Lot 174 in exchange for Lots 70 and 162.  The Board determined that acquiring Lot 174 was in the best interests of the Association going forward because the property is contiguous with the Clubhouse property and includes a paid sewer tap.  On July 17, 2026, a Corporate Resolution authorizing the property exchange between Hunter Scott and the GHCP Association was signed.  Settlement on the Land Exchange Contract was executed on August 21, 2026.

Disposition of Buildable Lots.  In the past, when a Board decision was made to dispose of a building lot by selling it, our usual practice was to offer the property first to the adjacent property owner(s), then to the community at large, prior to placing the property on the open market for sale.

Board Authority and Responsibility.  The authority of the Board to exercise these actions is codified in the Articles of Incorporation and the By-Laws of the Association.  The Association is granted all the rights, powers, and duties as prescribed by law for a Virginia non-stock Corporation as set forth in Section 826, Chapter 10 of Title 13.1 of the Code of Virginia.  Among these rights, powers, and duties are provisions to acquire, improve, use, sell, and dispose of real and personal property of the Association.

It is important to clarify that the Association did not sell Lots 70 and 162.  An offer was made to the Association to exchange those lots for Lot 174, which the Board determined provided greater long-term benefit to the Association. Once the exchange was completed, the new owner of Lots 70 and 162 was free to determine how to use or dispose of those properties and ultimately chose to list them for sale. The properties were publicly listed on the MLS and subsequently purchased by Gabe Timis, a builder who resides in our community.

The Board’s consideration of the disposition of Association-owned lots has been reflected in Board meeting minutes dating back to June 2026. The meeting minutes and the Corporate Resolution are posted on the Association’s website.

Board Responsibility.  The Board’s responsibility in transactions such as this is to consider the overall interests and long-term benefits for the Association and the community.  In this instance, the Board determined that exchanging two lots for Lot 174 served those interests based on the property’s location and existing paid sewer tap.

We hope this article clarifies the decision made by the Board to acquire property through a Land Exchange Contract that serves our long-term interests and benefits the community.

posted 10.01.26