This arbitration agreement is executed contemporaneously with, and as an Inducement and consideration for, an Installment or sales contract for the purchase of a manufactured home. It provides that all claims or disputes arising out of or relating in any way to the sale, purchase, or occupancy of manufactured home resolved by binding arbitration administered by the American Arbitration Association ("AAA") under its Commercial Arbitration Rules. This Agreement is an election to resolve claims, disputes, and controversies by arbitration rather than the judicial process. The parties waive any right to a court trial.
Arbitration Definition With Example In Allegheny
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State:
Multi-State
County:
Allegheny
Control #:
US-00416-1
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Word;
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The arbitration system in Allegheny County provides for simple and concise pleadings and a trial of the issues enabling the parties to resolve claims. Contractual arbitration is a means of bypassing the judicial system and is voluntary in the sense that the parties have entered into an agreement to resolve.What is arbitration? Binding arbitration is defined as a contractual agreement to settle disputes out of court using a neutral third party called an arbitrator. Civil Arbitration is an alternative which provides a quicker route to decision making. (iii) Requests for the continuance of an arbitration case will be presented to the Calendar Control Judge.