North Dakota Arbitration Clauses: Contract for Real Property

• Category: Contracts - Clauses
• State: Multi-State
• Control #: US-C-CL-740-1
• Format: Word; Rich Text

Description

A clause dictates the conditions under which the contract is legally enforceable and determines the terms of the contract. Contracts often contain boilerplate clauses or standard clauses found across most contracts. These standard clauses do not require a lot of negotiation. Included is a Sample Arbitration Clauses for a Contract for Real Property regarding arbitration of disputes and disagreements. If initialed by both sides, this provision binds the parties to arbitrate most disputes that arise under the contract.