Verbiage (sorry for the caps, Verbiage (sorry for the caps, text directly from form)
“NOTICE: BY INITIALING IN THE SPACE BELOW YOU ARE AGREEING TO HAVE
ANY DISPUTE ARISING OUT OF THE MATTERS INCLUDED IN THE “ARBITRATION
OF DISPUTES’ PROVISION DECIDED BY NEUTRAL ARBITRATION AS PROVIDED BY
CALIFORNIA LAW AND YOU ARE GIVING UP ANY RIGHTS YOU MIGHT POSSESS TO
HAVE THE DISPUTE LITIGATED IN A COURT OR JURY TRIAL. BY INITIALING IN
THE SPACE BELOW YOU ARE GIVING UP YOUR JUDICIAL RIGHTS TO DISCOVERY
AND APPEAL, UNLESS THOSE RIGHTS ARE SPECIFICALLY INCLUDED IN THE
“ARBITRATION OF DISPUTES’ PROVISION. IF YOU REFUSE TO SUBMIT TO
ARBITRATION AFTER AGREEING TO THIS PROVISION, YOU MAY BE COMPELLED TO
ARBITRATE UNDER THE AUTHORITY OF THE BUSINESS AND PROFESSIONS CODE
OR OTHER APPLICABLE LAWS. YOUR AGREEMENT TO THIS ARBITRATION
PROVISION IS VOLUNTARY.” “WE HAVE READ AND UNDERSTAND THE FOREGOING
AND AGREE TO SUBMIT DISPUTES ARISING OUT OF THE MATTERS INCLUDED IN
THE “ARBITRATION OF DISPUTES’ PROVISION TO NEUTRAL ARBITRATION.”
HLS
September 28, 2016 @
12:30 PM
You can decide for yourself.
You can decide for yourself.
The intent is that IF you have a disagreement that cannot be negotiated, you will get it resolved much quicker with arbitration.
If you want the right to go to court and through the legal system you have that right but just realize it could take years to settle, not including appeals, and be very costly unless you are capable of representing yourself.
guitar187
September 28, 2016 @
1:44 PM
The transaction is typically The transaction is typically fairly simple. If you plan to be ethical (sell with full disclosure, etc.) and the there is nothing unique about the transaction, arbitration is a good choice.
If it’s a unique transaction with potentially risky variables you could hold your rights, but those scenarios are very few and far between.
tnuomarap
September 27, 2016 @ 9:16 PM
Verbiage (sorry for the caps,
Verbiage (sorry for the caps, text directly from form)
“NOTICE: BY INITIALING IN THE SPACE BELOW YOU ARE AGREEING TO HAVE
ANY DISPUTE ARISING OUT OF THE MATTERS INCLUDED IN THE “ARBITRATION
OF DISPUTES’ PROVISION DECIDED BY NEUTRAL ARBITRATION AS PROVIDED BY
CALIFORNIA LAW AND YOU ARE GIVING UP ANY RIGHTS YOU MIGHT POSSESS TO
HAVE THE DISPUTE LITIGATED IN A COURT OR JURY TRIAL. BY INITIALING IN
THE SPACE BELOW YOU ARE GIVING UP YOUR JUDICIAL RIGHTS TO DISCOVERY
AND APPEAL, UNLESS THOSE RIGHTS ARE SPECIFICALLY INCLUDED IN THE
“ARBITRATION OF DISPUTES’ PROVISION. IF YOU REFUSE TO SUBMIT TO
ARBITRATION AFTER AGREEING TO THIS PROVISION, YOU MAY BE COMPELLED TO
ARBITRATE UNDER THE AUTHORITY OF THE BUSINESS AND PROFESSIONS CODE
OR OTHER APPLICABLE LAWS. YOUR AGREEMENT TO THIS ARBITRATION
PROVISION IS VOLUNTARY.” “WE HAVE READ AND UNDERSTAND THE FOREGOING
AND AGREE TO SUBMIT DISPUTES ARISING OUT OF THE MATTERS INCLUDED IN
THE “ARBITRATION OF DISPUTES’ PROVISION TO NEUTRAL ARBITRATION.”
HLS
September 28, 2016 @ 12:30 PM
You can decide for yourself.
You can decide for yourself.
The intent is that IF you have a disagreement that cannot be negotiated, you will get it resolved much quicker with arbitration.
If you want the right to go to court and through the legal system you have that right but just realize it could take years to settle, not including appeals, and be very costly unless you are capable of representing yourself.
guitar187
September 28, 2016 @ 1:44 PM
The transaction is typically
The transaction is typically fairly simple. If you plan to be ethical (sell with full disclosure, etc.) and the there is nothing unique about the transaction, arbitration is a good choice.
If it’s a unique transaction with potentially risky variables you could hold your rights, but those scenarios are very few and far between.