Arbitration With Unions In Washington
Category:
State:
Multi-State
Control #:
US-00416-1
Format:
Word;
Rich Text
Instant download
Description
The Arbitration Agreement is a legal document that outlines the terms under which disputes related to the purchase of a manufactured home will be resolved through binding arbitration in Washington. This agreement is part of the sales contract and applies to all parties involved, including the purchaser, retailer, manufacturer, and financing entities. Key features include the requirement for arbitration to be administered by the American Arbitration Association under its Commercial Arbitration Rules, with specific procedures for initiating arbitration and the selection of arbitrators. The agreement emphasizes that any claims under $20,000 are handled by a single arbitrator, while claims exceeding this amount involve a three-arbitrator panel. Users are required to send written notice of their intention to arbitrate and to adhere to specified timelines, including compliance with applicable statutes of limitations. This form is useful for attorneys, partners, owners, associates, paralegals, and legal assistants engaged in real estate or commercial law, as it provides a structured process for dispute resolution. The agreement helps mitigate the need for judicial proceedings, thereby streamlining the legal process and offering clarity on the rights and responsibilities of all parties involved.
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