Arbitration With American Home Shield In Massachusetts

• Category: Arbitration and Mediation - Arbitration
• State: Multi-State
• Control #: US-00416-1
• Format: Word; Rich Text

Description

The Arbitration Agreement outlines the terms under which disputes related to the sale of manufactured homes in Massachusetts can be resolved through binding arbitration with American Home Shield. This document is integral to the sales contract between the purchaser and the retailer, establishing that the Agreement follows the Federal Arbitration Act. It specifies that any claims, whether related to the sale, occupancy, or financing of the home, must be arbitrated, and provides clear procedures for initiating arbitration and selecting arbitrators. The Agreement also mentions that for disputes under twenty thousand dollars, a single arbitrator will decide, while more significant claims will involve a panel of three arbitrators. Costs are to be shared equally, and parties waive their rights to court trials, reinforcing the preference for arbitration. The form is useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it outlines necessary steps and conditions for dispute resolution in the context of manufactured home transactions, ensuring they understand both the procedural and legal implications of the arbitration process.