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US Legal Forms
Arbitration Agreement

Arbitration Forums Members In Georgia

Category:

Arbitration and Mediation - Arbitration

State:

Multi-State

Control #:

US-00416-1

Format:

Instant download

Description

The Arbitration Agreement is a legal document utilized in Georgia to facilitate the resolution of disputes arising from the purchase of manufactured homes. This form is particularly essential for arbitration forums members in Georgia, as it delineates the process for resolving claims through binding arbitration, thereby waiving the right to a jury trial. It lays out the essential details such as the parties involved, including the Purchaser and Retailer, and designates the American Arbitration Association (AAA) as the administrator of the arbitration under its Commercial Arbitration Rules. Key features include the requirement for written notice to initiate arbitration and the stipulation that claims under twenty thousand dollars are resolved by a single arbitrator, while claims exceeding that amount use a panel of three arbitrators. The form also outlines the costs associated with arbitration, confirming that these will be shared equally between the parties involved. This document serves as a vital tool for attorneys, partners, owners, associates, paralegals, and legal assistants, streamlining the dispute resolution process and ensuring compliance with federal regulations. By clearly stating the rights and obligations of all parties, it provides legal protections and facilitates a more efficient handling of disputes, ultimately saving time and resources.

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FAQ

(a) A consumer shall request arbitration by filing a written application for arbitration with the Attorney General.

Consumers are more likely to win in arbitration than in court. This research from ndp | analytics demonstrates that in disputes initiated by a consumer, consumers fare much better in arbitration than they do in litigation.

Arbitration Forums, Inc. You may request membership information via membership@arbfile or call 1-866-977-3434.

What is the monetary limit for the Special Arbitration Forum? Compulsory arbitration is applicable to a maximum of $250,000 contribution sought per claim. Claims for separate parties arising out of the same accident, occurrence, or event are considered separate claims.

For any error messages or TRS system issues, please contact AF's Member Services at 1-866-977-3434 or email trssupport@arbfile.

In ance with the Georgian Law on Arbitration, an arbitration agreement is an agreement through which the parties commit to resolving either all or specific disputes that have arisen or may arise between them based on various contractual or legal relationships.

The Georgian Law on Arbitration provides that a tribunal shall decide a dispute in ance with the rules of law that are chosen by the parties and are applicable to the substance of the dispute.