Viridian Village 1K

What Viridian Village 1K's governing documents say

This is a set of individual Declarations of Restrictive Covenants recorded for specific lots in the Viridian Village 1K subdivision (Arlington, TX). They are not the community's full rulebook — they exclusively require that any disputes related to the construction or purchase of the home be resolved through binding arbitration, and they run with the property for 15 years from the original closing date.

• Mandatory binding arbitration: Any claim or controversy arising out of or relating to the purchase, construction, or repair of the home, or any breach of the contract, must be settled by binding arbitration under the Federal Arbitration Act. This includes claims against the seller, builders, subcontractors, and other third parties.
• Duration of covenant: The arbitration requirement binds the current owner and all future owners and occupants for 15 years after the original closing date. After that, it automatically expires, except for arbitration or legal proceedings already in progress.
• Waiver of jury trial: By accepting ownership or occupancy, the holder irrevocably waives the right to a jury trial in any dispute covered by the covenant.
• What this document doesn't cover: This declaration does not include typical HOA or community rules such as architectural standards, pet restrictions, parking rules, rental limits, or fee obligations. It is a partial document focused solely on arbitration.

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.