The Arbitration Agreement for Arbitration with Lowes in Massachusetts is designed for the purchase of a manufactured home, reflecting its integration with the sales contract. This agreement stipulates that any disputes related to the sale or financing of the home will be resolved through binding arbitration, managed by the American Arbitration Association. Key features include the conditions under which arbitration can be initiated, the thresholds for single versus panel arbitrator decisions based on the amount of the claim, and the waiving of rights to court trials. For the target audience, such as attorneys, partners, owners, associates, paralegals, and legal assistants, this form serves as a crucial tool to streamline dispute resolution in transactions involving manufactured homes. It provides clear directives on initiating arbitration and outlines the process of arbitration efficiently, ensuring that all parties understand their rights and obligations under this agreement. Users are advised to fill in specific details such as names and amounts where indicated, ensuring compliance with the terms outlined. Moreover, the form underscores that arbitration outcomes are final and binding, thereby preventing recourse to traditional court proceedings.