This form is an Arbitration Agreement. The form provides that the agreement is an election to resolve claims, disputes, and controversies by arbitration rather than the judicial process.
Arbitration Disputes Examples In Florida
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Multi-State
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US-00416-2
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G. Arbitration Agreements. 1. An arbitration agreement is a provision in a contract that stipulates that any disputes arising from the contract will be resolved through arbitration.An example is "all claims arising out of this contact shall be arbitrated. Threshold questions that must be analyzed include: 1) whether federal or state law will govern the procedural and substantive aspects of the agreement. Arbitration is a quicker and less expensive option than litigation. Should you be involved in a dispute, you will need an experienced arbitrator.
