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 Form Meaning In Philadelphia
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State:
Multi-State
County:
Philadelphia
Control #:
US-00416-1
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Word;
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The arbitration of claims can take several different forms in Pennsylvania, but can be generally categorized as either compulsory judicial arbitration. Arbitration is a form of dispute resolution, often used in lawsuits.At the Arbitration hearing, parties have an opportunity to testify, to present evidence, to call witnesses and cross examine witnesses. An agreement to arbitrate a controversy on a nonjudicial basis shall be conclusively presumed to be an agreement to arbitrate pursuant to Subchapter B. With an arbitration clause, both parties must undergo arbitration instead of litigation. But not all clauses are enforceable. The Dispute Resolution Program (DRP) provides conflict resolution services to neighbors and others having on-going conflict that is not currently in the courts.