ARBITRATION AGREEMENTArbitration Agreement • July 8th, 2008
Contract Type FiledJuly 8th, 2008This Arbitration Agreement (“Agreement”) is executed contemporaneously with, and as additional consideration for, an installment or sales contract (“Contract”) for the purchase of a manufactured home (“Home”) as described in the Contract by the purchaser (“Purchaser”) from the selling retailer (“Retailer”). In addition to the Purchaser and Retailer, their successors and assigns, this Agreement inures to the benefit of the manufacturer of the Home and of the lender or mortgagee, if any, which provides the financing for the purchase of the Home, their successors and assigns. This Agreement is subject to the requirements and limitations in regulations adopted by the Texas Department of Housing and Community Affairs, Manufactured Housing Division (“TDHCA MH Div.”), as set forth in Title 10, Chapter 80, Texas Administrative Code.