Arbitration With Hoa In King
Category:
State:
Multi-State
County:
King
Control #:
US-00416-1
Format:
Word;
Rich Text
Instant download
Description
The Arbitration Agreement in King serves as a pivotal document executed alongside an Installment or sales contract for a manufactured home. It binds the Purchaser and Retailer to resolve disputes through binding arbitration rather than litigation, in accordance with the Federal Arbitration Act. Key features include a clear outline of claims eligible for arbitration, a specification on how arbitration is initiated, and provisions defining the arbitration process, including the selection of arbitrators based on the claim amount. This form is designed for a diverse audience, including attorneys, partners, owners, associates, paralegals, and legal assistants, providing them with a structured approach to address disputes related to the home transaction. Users benefit from straightforward instructions on filing notices of arbitration and can utilize the established American Arbitration Association rules for guidance. The Agreement ensures that all parties understand their rights, particularly the waiver of jury trial rights, making it an essential tool for anyone involved in the sale or financing of manufactured homes.
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