Arbitration With Unions In Florida

• Category: Arbitration and Mediation - Arbitration
• State: Multi-State
• Control #: US-00416-1
• Format: Word; Rich Text

Description

The Arbitration Agreement is a legal form used in Florida to facilitate arbitration between purchasers of manufactured homes and retailers. It outlines that all disputes regarding the sale, purchase, or occupancy of the home will be resolved through binding arbitration under the American Arbitration Association's Commercial Arbitration Rules. This agreement is mandatory for both the purchaser and the retailer, and it also includes provisions for manufacturers and financing entities. The Arbitration Agreement emphasizes the importance of a written notice for initiating arbitration, includes specific regulations, such as different procedures for claims below or above twenty thousand dollars, and details on the arbitrator's qualifications. The document clarifies that parties waive their right to a jury trial, highlighting the differences between arbitration and court proceedings. It serves as a crucial tool for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate transactions, as it reduces court involvement and expedites dispute resolution. Users need to complete the form carefully, including signatures and dates, and ensure compliance with the Federal Arbitration Act and state regulations.