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.
Examples Of When Arbitration Is Used In Oakland
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State:
Multi-State
County:
Oakland
Control #:
US-00416-1
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Word;
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(This is the second article in a 12part series on domestic arbitration, offering a clear guide through each stage of the process. Arbitration is essentially a paid private trial, in other words, a method to resolve disputes without going to court.Don't use illegible fonts in your arbitration agreements. Arbitration is effective when the parties want someone other than themselves to decide the outcome.