Arbitration With Unions In Travis
Category:
State:
Multi-State
County:
Travis
Control #:
US-00416-1
Format:
Word;
Rich Text
Instant download
Description
The Arbitration Agreement governs disputes arising from the sale, purchase, or occupancy of a manufactured home, and it is executed alongside an installment or sales contract with a retailer. This agreement is designed to streamline conflict resolution by utilizing binding arbitration administered by the American Arbitration Association under its Commercial Arbitration Rules. It outlines that any disputes, whether related to financing, delivery, or service issues, will be resolved through arbitration instead of court litigation, thus waiving the right to a jury trial. Users must provide written notice to initiate arbitration and follow specific procedures, including timelines related to statute limitations. The form differentiates arbitration processes based on the monetary amount involved, with claims under twenty thousand dollars requiring a single arbitrator while larger claims necessitate a panel of three. The costs associated with the arbitration will be shared by the parties involved, and the arbitrator's decision will be final and binding. This document is particularly useful for legal professionals, including attorneys, paralegals, and legal assistants, who may facilitate arbitration in disputes involving manufactured homes. They will benefit from understanding the process and requirements set forth in this agreement to better serve clients during arbitration proceedings.
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