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 For Example In Clark
Category:
State:
Multi-State
County:
Clark
Control #:
US-00416-1
Format:
Word;
Rich Text
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Mandatory arbitration agreements can now be find in virtually every contract consumers sign. The decision of the arbitrator shall be final and binding on the parties, and judgment thereon may be entered in a court of competent jurisdiction.Magistrate Judge Clark requires the parties first meet their obligations under L. Civ. A Kentucky circuit court held that an arbitration agreement between Kindred Nursing Centers and Olive Clark was not binding. Held: The Kentucky Supreme Court's clearstatement rule violates the. Alternative dispute resolution (ADR) is an alternative to courtroom litigation to resolve legal disputes.