Arbitration With American Home Shield In California
Category:
State:
Multi-State
Control #:
US-00416-1
Format:
Word;
Rich Text
Instant download
Description
The Arbitration Agreement is designed for purchasers and retailers involved in the sale of manufactured homes in California. This agreement outlines the binding arbitration process governed by the Federal Arbitration Act for any disputes that arise from the sale or occupancy of the home, including financing and related goods or services. Key features include the requirement for written notice to initiate arbitration, the specification of claims for disputes involving amounts less than or greater than twenty thousand dollars, and the provision for a single or panel of three arbitrators based on the claim's value. Filling instructions emphasize the need for accurate designation of parties and the completion of the form with the date of execution. This agreement also emphasizes the waiver of the right to a jury trial, making the arbitration process the primary method for dispute resolution. Target audiences such as attorneys, partners, owners, associates, paralegals, and legal assistants will find this form useful for ensuring compliance with arbitration regulations, facilitating smoother transactions in sales, and understanding the implications of arbitration on their legal rights. It is crucial for legal professionals to guide clients in using this form effectively to avoid potential pitfalls in the dispute resolution process.
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