Ventana Homeowners Association

What Ventana Homeowners Association's governing documents say

This is a set of restrictive covenants attached to individual home purchase contracts in the Ventana community in Fort Worth, Texas. It is not a full HOA rulebook; it primarily binds the original buyer and seller to arbitration, jury waiver, and remedy limitations for construction disputes, and it expires 15 years after closing.

• Dispute resolution: Any dispute with the builder must go through mediation first, then binding arbitration (not court), and you waive your right to a jury trial. Arbitration is conducted by the AAA under its Home Construction Rules, and the arbitrator must have at least 5 years of experience.
• Time limits & damages caps: Any claim against the builder must be filed within 2 years of closing (or when the cause accrues, presumed at closing). Damages are limited to those allowed under the Texas Residential Construction Liability Act and cannot exceed the purchase price, with no recovery for indirect, consequential, or punitive damages.
• Builder's buyback options: If a construction defect dispute arises, the builder can choose to rescind the sale (refund the purchase price plus certain costs) or repurchase the property under Texas law if repair costs exceed 5% of the home's fair market value.
• What this document doesn't cover: This document does not contain community rules about pets, rentals, parking, architectural review, or HOA fees. It only covers the buyer-builder relationship for the specific lot, and it expires after 15 years.

Plain-language summary generated from the governing documents on file for this community. It may be incomplete and is not legal advice — read the full documents below or consult the official recorded versions.