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.
Arbitrage is the simultaneous purchase and sale of the same asset in different markets in order to profit from a difference in its price. The profit from buying something in one market and selling it in another.An arbitrage involves buying an asset on one market while simultaneously selling the same asset on another market for a higher price. Arbitrage is the practice of exploiting price differences in different markets or platforms to profit from buying and selling assets, securities, or goods. The California Debt and Investment Advisory Commission (CDIAC) provides information, education, and technical assistance on debt issuance and public.