Examples Of When Arbitration Is Used In Miami-Dade

State:
Multi-State
County:
Miami-Dade
Control #:
US-00416-1
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Word; 
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This arbitration agreement is executed contemporaneously with, and as an Inducement and consideration for, an Installment or sales contract for the purchase of a manufactured home. It provides that all claims or disputes arising out of or relating in any way to the sale, purchase, or occupancy of manufactured home resolved by binding arbitration administered by the American Arbitration Association ("AAA") under its Commercial Arbitration Rules. This Agreement is an election to resolve claims, disputes, and controversies by arbitration rather than the judicial process. The parties waive any right to a court trial.
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In commercial litigation, arbitration clauses are not severable if the dispute's sole cause of action seeks to rescind the entire contract. This article discusses the Florida law of arbitrability and invites consideration of the subtle complexity of the concept.In Florida, the circuit court is required to enforce an arbitration award unless there is a valid reason not to. Arbitration is a quicker and less expensive option than litigation. Should you be involved in a dispute, you will need an experienced arbitrator. Presuit voluntary binding arbitration can be an effective strategy to maximize your compensation, resolve your claim quickly, and limit the risks involved. Any type of dispute, claim or controversy arising out of business dealings with any FINRA brokerage firm1 can be resolved in mediation or arbitration. One example of that is the existence of a specialized court to hear issues related to international commercial arbitrations seated in Miami. Florida has the power to order courts to order contested civil actions, including construction claims, to nonbinding arbitration.

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Examples Of When Arbitration Is Used In Miami-Dade