Pleasant Dream

What Pleasant Dream's governing documents say

Pleasant Dream Addition is a single-family home subdivision in North Richland Hills, TX. The following summary is based on a 'Restrictive Covenant and Agreement' recorded on individual properties—this is NOT a full homeowners' association rulebook. Instead, it sets specific legal rules that apply to the property owner regarding dispute resolution and warranties.

• Dispute resolution (mandatory mediation & arbitration): Any dispute between the buyer and builder (American Life Homes) must first go through mediation, then binding arbitration under the Federal Arbitration Act. The arbitrator decides all disputes, including arbitrability, and can award attorneys' fees. Filing a lawsuit is not allowed unless to enforce arbitration.
• Limited warranties: The builder provides only a written third-party limited warranty in place of all implied warranties (except the implied warranty of habitability). All other implied warranties—including good workmanship, merchantability, and fitness—are disclaimed. The buyer accepts this substitution as adequate consideration.
• Mold disclosure and release: The buyer acknowledges that mold can occur even with proper maintenance, and that the builder is not liable for any damages, injuries, or health effects from mold or biological impurities. The buyer releases the builder from all claims related to mold, including personal injury, and waives subrogation rights.
• Agreement runs with the land: This covenant is binding on the current owner and all future owners, heirs, successors, and assigns. It is recorded in the county property records.
• What this document doesn't cover: This document does not establish a homeowners' association, set fees, or regulate common amenities, pets, parking, rentals, or architectural changes. For those rules, look for a separate 'Declaration of Covenants, Conditions, and Restrictions' (CC&Rs) for the subdivision.

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.