Viridian Village 2A

What Viridian Village 2A's governing documents say

This is an individual lot-specific Declaration of Restrictive Covenants recorded for a property within the Viridian Village 2A subdivision (a standard single-family HOA) in Arlington, TX. It is a partial, ancillary document — its purpose is solely to impose a mandatory arbitration requirement and related provisions from the original purchase contract onto the land, binding all future owners and occupants. This is not a full set of community rules; typical HOA restrictions (pets, leasing, architectural review, etc.) are not included here.

• What this document does: It subjects the specific lot described in the declaration to a mandatory arbitration agreement for any claims or disputes arising from the construction, sale, or repair of the home, and includes waivers of jury trial and provisions for attorney's fees.
• Term: The covenant lasts 15 years from the closing date, after which it automatically expires except for proceedings already in progress. If the builder (Declarant) reacquires the property, the declaration immediately terminates.
• Who is bound: The declaration runs with the land and binds all current and future owners, occupants, and any holder of a legal or equitable interest in the property (referred to as 'Holder'). Acceptance of a deed or occupancy constitutes agreement to the terms.
• Arbitration details: All disputes must be resolved by binding arbitration under the Federal Arbitration Act, administered by the American Arbitration Association. Arbitration is conducted in the federal judicial district where the property is located. If parties cannot agree on an arbitrator, three neutral arbitrators are appointed (with the seller advancing costs for the extra two). Arbitrators must be Texas attorneys experienced in single-family residential construction.
• Waiver of jury trial: By accepting the declaration, the Holder irrevocably waives the right to a jury trial in any court proceeding related to the contract, construction, or property, unless the parties mutually consent otherwise.
• Attorney's fees: If the Seller is the prevailing party in any legal or arbitration proceeding, it is entitled to recover all costs, including reasonable attorney's fees and expenses. The Seller is also entitled to fees for enforcing the declaration.
• What this document doesn't cover: This document does not contain typical HOA restrictions such as pet limits, leasing rules, age restrictions, parking regulations, architectural standards, or assessment amounts. Those rules, if any, would be found in separate governing documents for the Viridian Village 2A community.

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.