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.
Arbitration Definition For Business In Arizona
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Multi-State
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US-00416-1
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The Arbitrator is responsible for ruling on all pre-hearing motions, other than those listed in Rule 74(d)(1) of the Arizona Rules of Civil Procedure. There are two basic ways to resolve a legal dispute in Arizona: through a court proceeding or through arbitration.The arbitrator may hear and decide the controversy on the evidence produced although a party who was duly notified of the arbitration proceeding did not appear. As arbitrator, you are responsible for setup and coordination of all parties involved. The New Prime case has to do with the Federal Arbitration Act ("FAA"), which enforces contractual arbitration provisions.