Arbitration With Lowes In Montgomery
Category:
State:
Multi-State
County:
Montgomery
Control #:
US-00416-1
Format:
Word;
Rich Text
Instant download
Description
The Arbitration Agreement is a legally binding document related to the purchase of a manufactured home between the Purchaser and the Retailer in Montgomery. Key features include the requirement for binding arbitration administered by the American Arbitration Association for disputes related to the sale, financing, or occupancy of the home. This agreement emphasizes that arbitration replaces the traditional court process and waives the right to a jury trial. It outlines provisions for initiating arbitration, including the notice requirements and the selection of arbitrators based on the monetary value of claims. The fees and costs associated with arbitration are to be shared equally between parties, following the AAA fee schedule. This form is particularly useful for legal professionals, as it aids in efficiently resolving disputes related to consumer sales and financing. Attorneys, partners, and paralegals can use this form to ensure parties understand their rights and obligations in arbitration. Legal assistants and associates can assist in preparing and submitting claims under this agreement, ensuring compliance with the outlined procedures.
Free preview
