The Arbitration Agreement facilitates a binding arbitration process for disputes related to the sale, purchase, or occupancy of a manufactured home in Kings. This form is relevant to the Federal Arbitration Act and outlines the procedure for resolving claims through the American Arbitration Association. Key features include the provision for both single and panel arbitrators depending on the claim amount, and the requirement for written notice for arbitration initiation. Additionally, the agreement clarifies the non-applicability of this arbitration process for certain collateral actions, ensuring clarity in the dispute resolution approach. It's designed for use by attorneys, partners, owners, associates, paralegals, and legal assistants, simplifying the management of dispute resolutions outside of traditional court settings. Users are advised to follow specific filling instructions including providing personal details and a description of claims when submitting the notice. This agreement also emphasizes the importance of understanding that users forfeit their right to a jury trial. Ultimately, it serves as a vital tool for those involved in transactions with homeowners' associations, aligning legal expectations and operational procedures.