Arbitration With Lowes In San Bernardino
Category:
State:
Multi-State
County:
San Bernardino
Control #:
US-00416-1
Format:
Word;
Rich Text
Instant download
Description
The Arbitration Agreement provides a framework for resolving disputes related to the purchase of a manufactured home between the purchaser and retailer in San Bernardino. This agreement is executed alongside an installment or sales contract and is governed by the Federal Arbitration Act, making it binding for all parties involved, including manufacturers and financing entities. Key features of the agreement include the requirement for binding arbitration administered by the American Arbitration Association, the process for initiating arbitration through written notice, and provisions for the selection of arbitrators based on the claim amount. Users must be aware that claims for less than twenty thousand dollars will be arbitrated by a single arbitrator, while claims exceeding that amount will involve a panel. The form stipulates that any challenges to its validity will be determined by the arbitrator and emphasizes that parties waive their right to a jury trial. This agreement is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who are involved in transactions related to manufactured homes, as it offers a clear pathway for resolving disputes without resorting to court, thereby saving time and legal expenses.
Free preview
