Viridian Village 1E

What Viridian Village 1E's governing documents say

This document is an individual Declaration of Restrictive Covenants for a specific lot in the Viridian Village 1E-3 subdivision (a standard single-family-home community). It binds current and future owners to mandatory arbitration of disputes related to the purchase, construction, or repair of the home, and includes attorney's fee and jury-trial-waiver provisions. It is not a full community rulebook; it is an ancillary document that runs with the land.

• Arbitration requirement: All claims against the seller (and related parties) arising from the contract, construction, or property must be resolved by binding arbitration under the Federal Arbitration Act, administered by the American Arbitration Association (AAA) under its Construction Industry Arbitration Rules.
• Term & expiration: The declaration lasts 15 years from the closing date, after which it automatically expires (except for arbitration proceedings already in progress). If the seller or an affiliate becomes the owner, the declaration terminates immediately.
• Successors & assigns: The covenants run with the land and are binding on all future owners and occupiers of the property. By accepting a deed or occupying the property, the holder agrees to abide by the declaration.
• Attorney's fees: The declarant/seller is entitled to recover its reasonable attorney's fees and litigation expenses from the property owner (or their successors) for enforcing this declaration.
• Waiver of jury trial: All parties waive their right to a jury trial for any dispute that would otherwise be tried in court, and acknowledge this waiver is a material part of the agreement.
• Joinder of third parties: The seller may join subcontractors, suppliers, or other third parties in the arbitration if their services or materials are part of the claim, or if they share common facts or are needed for complete relief.
• What this document doesn't cover: This is not a full HOA rulebook. It does not address typical community rules such as pets, parking, landscaping, architectural review, assessments, or common-area use. Those would be found in separate subdivision-wide covenants or HOA documents.

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.