The Arbitration Agreement is a legal document outlining the terms and conditions for resolving disputes related to the purchase of a manufactured home from Lowe's in Dallas. This agreement is part of the sales contract and is governed by the Federal Arbitration Act, ensuring that any disputes arising from the sale, financing, or related services will be resolved through binding arbitration administered by the American Arbitration Association. Key features include the requirement for written notice of arbitration, the selection of arbitrators based on the amount in dispute, and the process for initiating arbitration. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides clear guidelines for dispute resolution and outlines the rights and responsibilities of all parties. Filling instructions involve specifying the parties involved and including signatures, while editing may include updates on the jurisdiction or specific terms relevant to the transaction. This agreement emphasizes the waiver of jury trial rights, making it essential for legal professionals to comprehend the implications of arbitration in place of litigation.