Arbitration Forums Phone Number In San Jose

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

Description

The Arbitration Agreement is a legal document that regulates the resolution of disputes related to the purchase of a manufactured home between the purchaser and retailer in San Jose. It specifies that any claims arising from the transaction will be resolved through binding arbitration administered by the American Arbitration Association (AAA), using their Commercial Arbitration Rules. This agreement is particularly relevant for attorneys, partners, owners, associates, paralegals, and legal assistants who may be involved in navigating or preparing these agreements for their clients. Users will need to complete the form by filling in the purchaser's and retailer's information, as well as the date of execution. It is important to note that the agreement includes specific processes for initiating arbitration, including sending written notice that outlines the claims and disputes at hand. It emphasizes that claims under $20,000 will be handled by one arbitrator, while larger claims will require a panel of three. The form also clarifies that all decisions made by the arbitrators are final and binding, and it guides the parties on how the arbitration process diverges from traditional court proceedings, including the waiver of jury trial rights. This is essential knowledge for legal professionals supporting clients in disputes regarding manufactured home purchases.