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 Hennepin
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State:
Multi-State
County:
Hennepin
Control #:
US-00416-1
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Word;
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Actions for money damages within the jurisdictional limit of the Hennepin County Conciliation Court;. To start a case, you must use the Conciliation Court Claim Form.Filling Out the Form. ADR processes are alternative methods of helping people resolve legal problems before going to court. Voluntary Arbitration is a process where parties in a dispute agree to let an unbiased Hearing Panel resolve a real estate related issue. Arbitration is a formal method of dispute resolution involving a third party neutral who makes a binding decision.