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 Broward
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State:
Multi-State
County:
Broward
Control #:
US-00416-1
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Word;
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Arbitration is a quicker and less expensive option than litigation. Should you be involved in a dispute, you will need an experienced arbitrator.What cases can be sent to non-binding arbitration? Any contested civil action filed in a circuit or county court may be referred to non-binding arbitration. Find the complete AAA's StepbyStep Guide to Arbitration Filing, covering all aspects of arbitration including ICSID and ICC, in English. Arbitration is the most traditional form of private dispute resolution. Arbitration is a binding procedure. The definition of arbitration is the use of a neutral third party to settle contratual disputes outside of the court system.