Viridian Residential

What Viridian Residential's governing documents say

This is a Declaration of Restrictive Covenants for a specific lot in the Viridian subdivision in Arlington, TX. It is an ancillary document that binds the current and future owners (the 'Holder') of that lot to arbitration, jury waiver, and attorney's fee provisions. It is not a full set of community rules; the broader homeowners association's covenants are not included here.

• Mandatory arbitration for disputes: Any claim relating to the purchase, construction, or repair of the home, or the property itself, must be settled by binding arbitration under the Federal Arbitration Act, administered by the American Arbitration Association.
• Waiver of jury trial: If any claim is tried in court (by mutual consent or otherwise), the Holder waives the right to a jury trial.
• Term of the covenant: This Declaration has a term of 15 years from the closing date, after which it expires automatically (except for pending proceedings). The term is 15 years for the sample lot (DOC 41532, closing 12/20/2013) — other lots may vary slightly.
• Attorney's fees and costs: If the Seller (MHI Partnership, Ltd.) is a prevailing party in any legal or arbitration proceeding, the Holder must pay all costs, including attorney's fees, investigative costs, and expert fees.
• Binding on future owners: The covenants run with the land, meaning all future owners and occupants of the property are bound by the arbitration, jury waiver, and attorney's fee provisions.
• What this document does not cover: This document does not contain typical HOA rules such as pet restrictions, leasing limits, maintenance obligations, architectural guidelines, or assessments. Those would be in separate community-wide 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.