MANUFACTURED HOME SALE ARBITRATION AGREEMENTArbitration Agreement • July 8th, 2008
Contract Type FiledJuly 8th, 2008This Arbitration Agreement (“Agreement”) is executed contemporaneously with 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”). This Agreement is for, and inures to, the benefit of the parties hereto, their successors and assigns, and additionally for the benefit of the manufacturer of the Home and of the lender or mortgagee which provides the financing for the purchase of the Home, their successors and assigns, as fully as if the manufacturer and lender or mortgagee were signatories hereto. The lender or mortgagee may elect at any time not to submit to binding arbitration by providing written notice to the Retailer and Purchaser at the addresses set forth in this Agreement.