Arbitration Forums Phone Number In Nevada

• Category: Arbitration and Mediation - Arbitration
• State: Multi-State
• Control #: US-00416-1
• Format: Word; Rich Text

Description

The Arbitration Agreement establishes the terms for binding arbitration between the Purchaser and Retailer in Nevada, specifically regarding disputes related to the sale and purchase of a manufactured home. A key feature of this Agreement is that it mandates arbitration administered by the American Arbitration Association under its Commercial Arbitration Rules, allowing for the efficient resolution of claims. The form provides guidelines for initiating arbitration, including the need for a written Notice that outlines the disputed claim. Attorneys, partners, owners, associates, paralegals, and legal assistants will find this Agreement critical as it outlines procedures for arbitration, which can expedite conflict resolution compared to traditional court proceedings. It states that arbitration awards are binding and final, with provisions for appeals to a proper court if necessary. Users are reminded that arbitration is an alternative to court litigation, waiving rights to a jury trial. Filling in the form is straightforward, requiring signatures from both parties and clear articulation of their understanding of the jurisdiction and governing laws. The form also allows for modifications and outlines steps for any claims under certain monetary thresholds. Furthermore, it emphasizes that the agreement does not prevent parties from seeking consumer inspections or utilizing other informal dispute resolutions before proceeding with arbitration.