Arbitration With At\u0026amp;t In King
Category:
State:
Multi-State
County:
King
Control #:
US-00416-1
Format:
Word;
Rich Text
Instant download
Description
The Arbitration Agreement serves as a binding contract between purchasers and retailers regarding the sale of a manufactured home. It outlines the scope of disputes eligible for arbitration, including claims related to the sale, occupancy, and financing of the home. This agreement establishes that disputes will be resolved through binding arbitration administered by the American Arbitration Association under its Commercial Arbitration Rules, waiving the parties' rights to jury trials. Key features include specific procedures for initiating arbitration, requirements for the arbitrator's qualifications, and provisions for both single and panel arbitrators based on the amount in dispute. The form emphasizes that any arbitration must occur within the constraints set by the statute of limitations. It is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate or consumer protection, as it provides clarity on resolution methods for disputes while ensuring rights are protected in compliance with federal regulations. The Arbitration Agreement also allows for informal resolution processes before arbitration, promoting collaborative problem-solving. This form enhances legal compliance and dispute resolution efficiency in transactions involving manufactured homes.
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