The Arbitration Agreement serves as a foundational document for resolving disputes between purchasers of manufactured homes and retailers, specifically addressing transactions within Maricopa. This form emphasizes that all disputes related to the sale, purchase, or occupancy of the home will undergo binding arbitration, administered by the American Arbitration Association, in accordance with their Commercial Arbitration Rules. Notably, the agreement allows any involved party, including manufacturers and financing entities, to initiate arbitration by providing written notice. It outlines specific procedures for initiating arbitration, including the required notice and conditions under which arbitration must occur, particularly referencing claims amounts and selection of arbitrators. This form also clarifies the waiver of jury trial rights, indicating a preference for arbitration over litigation in resolving disputes. This Agreement is pivotal for the target audience comprising attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a clear framework for effective conflict resolution. Legal professionals can utilize the document to ensure clients are informed of their rights and obligations, while paralegals can assist in preparing and executing arbitration notices. Overall, this form promotes a streamlined approach to handling disputes related to manufactured home transactions.