Michigan Arbitration Agreement for Car Purchase

State:
Multi-State
Control #:
US-00416-1-3
Format:
Word; 
Rich Text
Instant download

Description

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.
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How to fill out Arbitration Agreement For Car Purchase?

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FAQ

Michigan's Lemon Law gives consumers the right to return their vehicle and get a refund or replacement, but this is not possible until a reasonable number of repair attempts take place. Of course, this will occur in a period of more than three days after purchasing or leasing the vehicle.

Generally, the Michigan Lemon Law does NOT apply to used vehicles. (Unless it is covered by a manufacturer's express warranty at the time of purchase or lease). Moreover, dealers are not required by Michigan law to give used car buyers a three-day right to cancel.

For example, the so-called "lemon law" in Michigan protects new-car buyers from cars that have ongoing or recurring defects. While this law protects buyers from problematic vehicles, it does not apply to used-car sales from private sellers.

In most instances to qualify under a lemon law your vehicle must only have an unreasonable repair history under the warranty, including (but not limited to) 3-4 repair attempts for the same problem, 6 repairs total on the vehicle, or 30 days out of service by reason of repair.

In most instances to qualify under a lemon law your vehicle must only have an unreasonable repair history under the warranty, including (but not limited to) 3-4 repair attempts for the same problem, 6 repairs total on the vehicle, or 30 days out of service by reason of repair.

The Lemon Law covers any defect or condition that impairs the use or value of the new motor vehicle to the consumer or prevents the new motor vehicle from conforming to the manufacturer's express warranty.

Generally, the Michigan Lemon Law does NOT apply to used vehicles. (Unless it is covered by a manufacturer's express warranty at the time of purchase or lease). Moreover, dealers are not required by Michigan law to give used car buyers a three-day right to cancel.

Michigan's Lemon Law gives consumers the right to return their vehicle and get a refund or replacement, but this is not possible until a reasonable number of repair attempts take place. Of course, this will occur in a period of more than three days after purchasing or leasing the vehicle.

Examples of Lemon Laws For example, the North Carolina Lemon Law applies to new cars, trucks, motorcycles, and vans bought in the state, and requires manufacturers to repair most defects occurring within the first 24 months or 24,000 miles.

Michigan's Lemon Law gives consumers the right to return their vehicle and get a refund or replacement, but this is not possible until a reasonable number of repair attempts take place. Of course, this will occur in a period of more than three days after purchasing or leasing the vehicle.

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Michigan Arbitration Agreement for Car Purchase