Traditions Grand Heritage

What Traditions Grand Heritage's governing documents say

This is a restrictive covenant and agreement filed for a specific lot (Lot 2, Block B) in the Traditions Grand Heritage subdivision in McKinney, TX. It is part of a new home construction contract and binds the original buyer and future owners. It is not a full set of community HOA rules, but a supplemental document that imposes arbitration and warranty limitations.

• Dispute resolution: All disputes between the owner and builder (including contract, warranty, tort, or statutory claims) must first go through mediation and then binding arbitration under the Federal Arbitration Act. Filing a court action waives nothing; either party can still demand arbitration.
• Warranty: The builder provides only a written limited warranty (attached separately). All implied warranties are disclaimed, including the warranty of good and workmanlike construction. Manufacturer warranties on appliances are assigned to the owner, but the builder makes no warranty on those items.
• Builder's repurchase option: If the reasonable cost to repair a construction defect exceeds 20% of the then-current market value of the improvements (excluding the defect itself), the builder may elect to repurchase the property under Texas Property Code Section 27.004.
• Mold and biological impurities: The builder disclaims any liability for mold, mildew, fungus, or biological impurities. The owner releases the builder from all claims related to these substances. The document includes maintenance suggestions to prevent mold but states no warranty is made regarding its presence.
• Subrogation waiver: Both parties waive any right of subrogation against each other. Each agrees to have their insurance policies include such a waiver.
• What this document doesn't cover: This document does not set HOA rules on pets, leasing, parking, landscaping, architectural review, assessments, or age restrictions. It applies only to the construction contract and warranty for this lot, not to the entire subdivision's governing 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.