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 Forums In Hennepin
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State:
Multi-State
County:
Hennepin
Control #:
US-00416-1
Format:
Word;
Rich Text
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FAQ
Case Initiation: A request for arbitration is the formal document that kicks off the arbitration process. The request is submitted by the claimant to the arbitrator and usually to the respondent. Arbitrator Invitation: Arbitrators are invited to review the case details, ensuring there are no conflicts of interest.
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.
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The National Arbitration Forum (NAF) is one of the world's leading providers of alternative dispute resolution (ADR) services, including arbitration and mediation. We represent a distinguished panel of over 1,500 experienced attorneys located in all 50 states and 29 foreign countries.
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Always get straight to the merits without berating the other side or whining about how badly it has treated you. Another threat to your credibility is the “kitchen sink” arbitration demand or a response that includes numerous claims or defenses that have little chance of succeeding.
In general, a Request for Arbitration or a Notice of Arbitration must contain the names of each of the parties, the names of the parties' representatives, a description of the dispute giving rise to claims, a statement of the relief sought, a description of the agreement containing the arbitration clause, the choice of ...