The Arbitration Agreement is designed for use in the context of purchasing a manufactured home in Florida. This legal document outlines the binding arbitration process for resolving disputes between the purchaser and retailer, as well as potentially involving manufacturers and financing entities. Key features of this form include the stipulation that all claims related to the sale, installation, and financing of the manufactured home will be resolved through arbitration administered by the American Arbitration Association, following its Commercial Arbitration Rules. The form ensures that there are provisions for both claims under and above Twenty Thousand Dollars, requiring either a single arbitrator or a panel of three, respectively. Filling out the form requires both parties to sign and include the date, as well as the name of the purchasers. It is crucial for users to understand that they are waiving their right to a jury trial, and the process may differ significantly from court procedures. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants dealing with transactions involving manufactured homes in Florida, as it streamlines the resolution of disputes and clarifies the process for their clients.