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.
Arbitrate Definition For English In Tarrant
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Multi-State
County:
Tarrant
Control #:
US-00416-1
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Word;
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A process in which an independent person makes an official decision that ends a legal disagreement without the need for it to be solved in court. 1. to act as arbiter upon (a disputed question) : to settle (a dispute between two people or groups) after hearing the arguments and opinions of both.To judge or decide in or as in the manner of an arbitrator: arbitrate a dispute between neighbors. 2. To make an official decision that ends a legal disagreement between people or groups without the need for the disagreement to be solved in court. They're all from the Latin "arbiter," meaning "judge" — more specifically, a judge who can't be overruled. To mediate between two (or more) parties in conflict. We need someone to arbitrate in this employee dispute before it affects the whole company. For Contiguous Arbitration: You must fill out a separate copy of page 2 on each tract of land to be arbitrated. Enter in the individual.