Arbitration With At\u0026amp;t In Queens
Category:
State:
Multi-State
County:
Queens
Control #:
US-00416-1
Format:
Word;
Rich Text
Instant download
Description
The Arbitration Agreement outlines the terms under which disputes arising from the purchase of a manufactured home will be resolved through binding arbitration, as governed by the Federal Arbitration Act. This Agreement serves as an inducement and is an integral part of the sales contract between the Purchaser and Retailer. It covers a wide range of claims related to the sale, financing, and occupancy of the home, including claims based on contract or tort law. Arbitration can be initiated by any party through a written notice containing details of the dispute, and the process is administered by the American Arbitration Association. A single arbitrator will handle claims under $20,000, while claims above this amount will require a panel of three arbitrators. Decisions made by the arbitrator are final and binding, and costs are equally shared between parties. This Agreement also clarifies that any effort to seize collateral is not subject to arbitration and waives the right to a jury trial, highlighting the differences between arbitration and court proceedings. For the target audience, including attorneys, partners, and paralegals, this form offers a clear framework for navigating dispute resolution efficiently, promoting understanding of arbitration processes, and facilitating communication with clients about their rights and obligations.
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