Watersbend

What Watersbend's governing documents say

These documents are individual 'Restrictive Covenant and Agreement' contracts between a builder and homeowner for specific lots in the Watersbend North subdivision. They are NOT the community's full CC&Rs or HOA rules. They cover arbitration, construction warranties, and mold liability, binding future owners. For actual community rules (assessments, pets, parking, etc.), you must obtain the Watersbend North Declaration of Covenants, Conditions, and Restrictions.

• Arbitration of disputes: Any dispute regarding the property or improvements must first go through mediation, then binding arbitration under the Federal Arbitration Act. The arbitrator decides arbitrability.
• Limited warranty & waiver of implied warranties: The only express warranty is the builder's written limited warranty. All implied warranties (good and workmanlike construction, merchantability, fitness) are waived.
• Mold & biological impurities release: The owner releases the builder from all claims related to mold, chemicals, or biological impurities at the property, including personal injury. The owner must maintain the property to prevent mold.
• Repurchase right for construction defects: If the cost to repair a defect exceeds 20% of the property's fair market value, the builder can elect to repurchase the property under Texas Property Code Section 27.004.
• What this document doesn't cover: This document does not contain typical HOA/community rules such as assessments, pet restrictions, leasing limits, parking rules, or architectural guidelines. Those would be in the subdivision's separate 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.