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.
Arbitration is Lowes (and many other corporate entities) way of doing an end run around the legal system of the jurisdiction they're subject to. Customer: I have an arbitration going with Lowe's for a small kitchen remodel that they couldn't meet their obligations using their construction company.A class action lawsuit has been filed after Lowe's Home Centers allegedly sold customers an unfair extended protection plan. This article will cover how you can file a formal complaint and even take Lowes to small claims court if need be.