Arbitration Over Dispute In San Antonio
Category:
State:
Multi-State
City:
San Antonio
Control #:
US-00416-2
Format:
Word;
Rich Text
Instant download
Description
The Arbitration Agreement is a legal document used to resolve disputes in San Antonio through binding arbitration rather than court proceedings. It outlines that all claims and controversies arising between two parties will be settled by arbitration administered by a designated arbitrator or arbitration association. To initiate arbitration, a party must send a written notice detailing the claim and remedy sought. For claims under a specified dollar amount, a single independent arbitrator is selected by the parties or the arbitration association. The document stipulates that the arbitrator's decision is final and binding, and costs are to be allocated as determined by the arbitrator. Users of this form include attorneys, partners, owners, associates, paralegals, and legal assistants, who will find it useful for drafting clear arbitration agreements that facilitate dispute resolution without court involvement. This form helps legal professionals ensure that their clients' rights to a jury trial are understood as they opt for arbitration, which has different rules compared to the court system. Additionally, the form serves as a record of the parties' agreement to arbitrate and specifies the county in which proceedings will take place.
