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 Hearing Example In Harris
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State:
Multi-State
County:
Harris
Control #:
US-00416-1
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Word;
Rich Text
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ProStandards Training – Arbitration Mock Hearing. Arbitration is similar to going to court, but faster, cheaper and less complex than litigation.If the case settles, an arbitration will last around one year. The arbitration agreement will determine key elements of the arbitration process. For example: Will the tribunal comprise one person or three? We will break down the arbitration procedure, including the appointment of arbitrators, evidence submission, hearings, and the arbitration decision. The topics include arbitrator selection, applicable law (procedural and substantive), the interplay between mediation and arbitration, effective use of arbitral.