Arbitration With American Home Shield In Kings
Category:
State:
Multi-State
County:
Kings
Control #:
US-00416-1
Format:
Word;
Rich Text
Instant download
Description
The Arbitration Agreement is designed for the purchase of a manufactured home, establishing binding arbitration for disputes between the purchaser(s) and retailer. It confirms that disputes related to the sale, purchase, or financing of the home will be resolved through arbitration under the American Arbitration Association's rules. Key features include the stipulation that arbitration may be initiated by either party with specific notice requirements and that claims under twenty thousand dollars will be handled by a single arbitrator, while larger claims will involve a panel of three. The form also emphasizes the waiver of the right to a jury trial and outlines that arbitration locations will be determined in the county of sale. This agreement serves as a critical tool for attorneys, partners, owners, associates, paralegals, and legal assistants, providing clear instructions on filing and seeking arbitration efficiently in the context of manufactured home transactions. It aims to streamline dispute resolution while allowing flexibility in choosing arbitrators and noting consumer rights for inspections by authorized state agencies.
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