US Legal Forms
Arbitration Agreement

Arbitration Forums Members In Suffolk

Q: What is the National Arbitration Forum?

The National Arbitration Forum (NAF) is one of the world&#039;s leading providers of alternative dispute resolution (ADR) services, including arbitration and mediation. We represent a distinguished panel of over 1,500 experienced attorneys located in all 50 states and 29 foreign countries.

Q: Does the National arbitration Forum still exist?

The National Arbitration Forum (NAF) is one of the world&#039;s leading providers of alternative dispute resolution (ADR) services, including arbitration and mediation. We represent a distinguished panel of over 1,500 experienced attorneys located in all 50 states and 29 foreign countries.

Category:

Arbitration and Mediation - Arbitration

State:

Multi-State

County:

Suffolk

Control #:

US-00416-1

Format:

Instant download

Description

The Arbitration Agreement serves as a binding contract between the Purchaser and Retailer involved in the sale and purchase of a manufactured home in Suffolk. It stipulates that any disputes arising from the agreement will be resolved through binding arbitration administered by the American Arbitration Association, under its Commercial Arbitration Rules. This form is useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it outlines specific filing procedures and requirements, such as sending a written notice to initiate arbitration within specified time limits. Key features include provisions for the selection of arbitrators based on the amount in dispute and the ability for parties to agree on arbitration details. Additionally, the agreement highlights the waiver of the right to a jury trial and emphasizes the distinct legal process associated with arbitration compared to traditional court litigation. Users must ensure they provide accurate details in the notice of arbitration and understand the implications of entering into this agreement, making it a critical document for legal professionals handling such transactions.

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FAQ

The National Arbitration Forum (NAF) is one of the world's leading providers of alternative dispute resolution (ADR) services, including arbitration and mediation. We represent a distinguished panel of over 1,500 experienced attorneys located in all 50 states and 29 foreign countries.

The Qualified Arbitrator (Q. Arb) designation is an entry-level designation for arbitrators while they continue to learn and practice for the Chartered Arbitration designation. It recognizes member applicants who have completed an ADRIC-Accredited 40 hour arbitration training that includes a written exam.

If the parties have not appointed any arbitrator(s) and have not provided another method of appointment, then generally the case manager submits a list of potential arbitrators to the parties, who then may strike any names and rank the remaining in order of preference.

Arbitrators, mediators, and conciliators typically need at least a bachelor's degree and related experience to enter the occupation. They learn their skills through a combination of education, training, and work experience.

Arbitration has four types of functions: resolving contractual disputes between management and labor, addressing interests of different parties in bargaining situations such as public sector labor relations, settling litigated claims through court-annexed programs, and resolving community disputes.

Educational degree(s) and/or professional license(s) appropriate to your field of expertise. Honors, awards and citations indicating leadership in your field. Training or experience in arbitration and/or other forms of dispute resolution. Membership in a professional association(s).

Founded by the insurance industry in 1943, Arbitration Forums (AF) is a membership-driven, not-for-profit organization that exists to effectively and efficiently serve its over 5,100 members' recovery and resolution needs. AF is the nation's largest arbitration and subrogation services provider.

Members on the AAA Panel of Employment Arbitrators must meet or exceed the following qualification criteria: Attorneys with a minimum of 10 years experience in employment law with fifty (50) percent of your practice devoted to this field, retired judges, or academics teaching employment law.