A Nevada Private Arbitrator Stipulation And Affidavit is a written document that is used to settle disputes between two parties. It is a legally binding agreement that is signed by both parties in order to resolve a dispute without going to court. This agreement is made between the two parties, and a private arbitrator is appointed to oversee the proceedings. The stipulation outlines the terms and conditions of the arbitration, including the rights and responsibilities of each party. There are two main types of Nevada Private Arbitrator Stipulation And Affidavit: one for arbitration conducted in Nevada (NPA) and one for arbitration conducted outside of Nevada (NVP AA). The NPA requires each party to sign the agreement, appoint an arbitrator, and provide evidence in support of their position. The NVP AA contains additional provisions, such as the ability to file a motion to stay the arbitration process if the parties cannot agree on the outcome. Both types of agreements are legally binding and enforceable in the state of Nevada.