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.
Arbitration Definition For Dummies In Middlesex
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Middlesex
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US-00416-1
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Arbitration is the most traditional form of private dispute resolution. Arbitration is a binding procedure.Arbitration is a formal and structured process where disputing parties agree to submit their case to an arbitrator or a panel of arbitrators. Arbitration is a contract-based form of binding dispute resolution. The Judicial Branch has refreshed the Official Court Webforms page. Forms are divided into categories.