Arbitration For Example In Kings

State:
Multi-State
County:
Kings
Control #:
US-00416-1
Format:
Word; 
Rich Text
Instant download

Description

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.
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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. Arbitration may be binding or non-binding; however, parties must agree beforehand to be bound to the decision of the arbitrator if choosing binding arbitration.Be sure to fill out the form completely and to include all your supporting documents. Arbitration is a commonly used form of alternative dispute resolution (ADR). Arbitration is a mechanism for resolving disputes between investors and brokers, or between brokers. Use a sample Motion to Compel Abritration or let the SoloSuit's software draft a customized Motion to Compel Arbitration for you. The application of the California Code rather than the FAA, as a very practical matter, resulted in the arbitration being stayed, rather than the litigation. This Practice Note examines the circumstances under which a party not signing an arbitration agreement may participate in an arbitration.

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Arbitration For Example In Kings