Arbitration With Lowes In Michigan
Category:
State:
Multi-State
Control #:
US-00416-1
Format:
Word;
Rich Text
Instant download
Description
The Arbitration Agreement serves as a crucial document for parties involved in a transaction for the purchase of a manufactured home in Michigan from Lowes. This Agreement, executed alongside the sales contract, signifies the parties' commitment to resolve any disputes through binding arbitration, adhering to the Federal Arbitration Act. Key features include the enumeration of disputes applicable for arbitration, such as claims related to the sale, financing, and service of the home, and the specific procedural guidelines outlined by the American Arbitration Association (AAA). Users are instructed to initiate arbitration by sending a written Notice, highlighting the claim and remedy sought. The document differentiates arbitration based on the claim amount, utilizing a single arbitrator for claims under $20,000 and a panel for larger claims. Additionally, it clarifies that certain judicial rights, such as a jury trial, are waived in favor of arbitration. This Agreement is particularly beneficial for professionals such as attorneys, partners, and legal assistants in understanding arbitration processes, preparing necessary filings, and ensuring compliance with procedural requirements while representing clients effectively. The clear instructions and structure of the form also facilitate paralegals and legal assistants in managing arbitration cases efficiently, fostering a supportive legal environment.
Free preview
