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 is a legally binding process that resolves contract disputes without having to take the disagreement to court. Before making an application to compel or stay arbitration in a.Maryland court, counsel should take into account several factors. Arbitration - The Division offers a free, binding arbitration service designed to cut red tape and resolve disputes quickly. Arbitration is a process for settling disputes related to the contract. Many contracts contain a mandatory arbitration clause. The arbitrator shall. Scope of the Arbitration Program A. General. Under Maryland law, arbitration provisions in employment contracts are enforceable, as long as they comply with Maryland contract law principles. In some cases, the court may give you a blank summons, and you'll be required to fill it out before serving it to the other party.