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 With Bank In Tarrant
Category:
State:
Multi-State
County:
Tarrant
Control #:
US-00416-1
Format:
Word;
Rich Text
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You must complete the "Claimant" and "Respondent" portions on the front of a Submission Agreement. In the blank spaces provided for the claimants' names, you.The explicit purpose of the Federal Arbitration Act ("FAA") is to put arbitration agreements on the same footing as contracts generally. In late August, Citibank began sending letters to its credit card and bank account customers allowing them to opt out of forced arbitration. To file a Motion to Compel Arbitration, draft a Petition with background facts, arbitration agreement details, and lawsuit parties.