The Arbitration Agreement in Utah is designed for individuals purchasing a manufactured home, allowing them to resolve disputes without legal representation through binding arbitration. This agreement forms part of the overall sales contract and adheres to the Federal Arbitration Act, ensuring its enforceability. It covers various claims related to the sale, purchase, or any issues arising from the home's financing, including negotiations and construction. Users must provide written notice to initiate arbitration and detail their claims. The arbitration proceedings are governed by the American Arbitration Association's Commercial Arbitration Rules, and costs are generally shared between parties. For claims involving less than twenty thousand dollars, a single arbitrator is appointed, while greater claims require a panel of three arbitrators. This agreement emphasizes that parties waive their right to a jury trial and provides consumers the option to seek state agency inspection before arbitration. Legal professionals, including attorneys, partners, owners, associates, paralegals, and legal assistants, will find this form essential for facilitating dispute resolution efficiently and ensuring their clients understand the arbitration process in a clear manner.