Parkwood Hill Estates Homeowners

What Parkwood Hill Estates Homeowners's governing documents say

Parkwood Hill Estates is a single-family home subdivision in Fort Worth, TX. These are individual lot Declarations of Restrictive Covenants, not a full set of homeowners association rules. They primarily impose a mandatory arbitration requirement for disputes between the buyer/owner and the builder/seller. The arbitration covenant runs with the land for 15 years after closing and binds all future owners and occupants.

• Arbitration requirement: Any claim or controversy arising out of or relating to the purchase contract, construction of the property, or defects must be resolved by binding arbitration under the Federal Arbitration Act. This includes claims against the seller, its agents, subcontractors, and suppliers.
• Duration and binding effect: The arbitration restrictions automatically expire 15 years after the closing date, except for proceedings already in progress. They bind the original buyer, all successors and assigns, and any future owner or occupier of the property.
• What this document doesn't cover: This document does not contain the full CC&Rs or HOA rules. It does not address typical community restrictions such as architectural guidelines, pet limits, parking, leasing, or age requirements. Those rules, if any, would be found in a separate master declaration or association 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.