Arbitration Forums In San Bernardino

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

Description

The Arbitration Agreement serves as a formal contract between the purchasers of a manufactured home and the retailer, outlining that any disputes related to the sale, financing, or occupancy of the home will be resolved through binding arbitration as governed by the Federal Arbitration Act. This agreement is critical for ensuring a clear pathway for dispute resolution without resorting to the court system, thus saving time and legal costs. It incorporates the American Arbitration Association's (AAA) Commercial Arbitration Rules, ensuring that users understand the rules and procedures that will dictate the arbitration process. The target audience, including attorneys, partners, owners, associates, paralegals, and legal assistants, will find this form useful for preparing their clients for arbitration, ensuring compliance with procedural requirements, and understanding the implications of waiving the right to a jury trial. Importantly, the agreement details how claims under $20,000 are handled by a single arbitrator, while claims above this amount involve a panel of three arbitrators. Users must fill out the agreement carefully, ensuring that all parties' signatures are obtained and necessary notifications are sent, creating a legally binding document. Overall, this document simplifies the arbitration process for disputes and provides necessary frameworks for legal professionals to guide their clients effectively.