Liu Yutai POA

What Liu Yutai POA's governing documents say

This is a restrictive covenant agreement between the builder (Sandlin Homes) and the original buyer of a single-family home lot in Pine Meadows, Fort Worth. It is not a community association governing document—it does not create an HOA or set rules for residents. Instead, it binds the current and future owners of this specific lot to mandatory mediation and arbitration for any construction disputes, waives implied warranties, and imposes maintenance obligations regarding mold.

• Dispute resolution: mediation & arbitration: Any dispute between the owner and builder (or between successive owners and the builder) must first go to mediation; if not resolved, it goes to binding arbitration under the Federal Arbitration Act. The parties waive the right to sue in court for construction-related claims, and also waive specific performance, rescission, and recovery of professional fees.
• Waiver of jury trial: If arbitration is deemed unenforceable, the parties waive their right to a jury trial and will resolve disputes in court without a jury.
• Limitation of warranties: The only warranty provided is the express limited warranty from StrucSure Home Warranty. All implied warranties (including good and workmanlike construction) are waived and replaced by the limited warranty. The builder makes no warranties on manufactured products beyond passing through manufacturer warranties.
• Builder's right to repurchase for major defects: If within the first 5 years a construction defect would cost more than 30% of the home's fair market value to repair, the builder may elect to repurchase the property at the full contract price plus closing costs, permanent improvements, moving expenses, and attorney/inspection fees.
• Mold prevention & owner responsibility: The builder provides a list of maintenance steps to reduce mold (e.g., cleaning, humidity control, leak repair) and disclaims any warranty regarding mold. Owner is solely responsible for mold issues arising from maintenance.
• Drainage & grading: Any future changes to grading or drainage (e.g., pools, fences, landscaping) are the owner's responsibility; the owner releases the builder from liability for resulting damages.
• Insurance & subrogation: Owner must maintain property insurance. Both parties waive subrogation rights against each other for insured losses. If owner receives payment from a third party for a dispute, owner must indemnify the builder.
• What this document doesn't cover: This document only addresses construction-related rights and obligations between builder and owner. It does not contain any community-wide rules, restrictions on use, architectural guidelines, pet limits, leasing restrictions, assessments, or any other typical HOA or condominium regulations. For those, you would need to review the subdivision's actual declaration of covenants, conditions, and restrictions.

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.