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.
Presenting your Case in Arbitration. Arbitration is similar to going to court, but faster, cheaper and less complex than litigation.If the case settles, an arbitration will last around one year. In a typical arbitration, filing the demand for arbitration or statement of claim initiates the arbitration. As I mentioned at the beginning of the case, I ask that each party or representative complete an evaluation of this arbitration. The topics include arbitrator selection, applicable law (procedural and substantive), the interplay between mediation and arbitration, effective use of arbitral. Below are a number of model arbitration clauses from various arbitral institutions that can be used to provide for arbitration in Atlanta.