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 For Example In King
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State:
Multi-State
County:
King
Control #:
US-00416-1
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Word;
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Fill out and submit forms. Presenting your Case in Arbitration.Arbitration is similar to going to court, but faster, cheaper and less complex than litigation. If the case settles, an arbitration will last around one year. Arbitration discovery is typically more limited than in litigation and, in principle, is in the discretion of the arbitrators. Written contracts may contain an arbitration clause. By using such a clause, the parties agree to arbitrate any future disputes. To do so, you must file the attached Request for Fee Arbitration within 30 days from the receipt of this Notice, as set forth in the attached instructions. One of arbitration's earliest family law examples is King Solomon's famous judgment in the Old Testament. Courts have offered various explanations for estopping a signatory from disavowing an arbitration clause when suing a nonsignatory.