Here is the arbitration clause from my sales contract below.

14 Agreement to Arbitrate. Buyer and Seller agree that any unresolved claim arising out of or relating to this contract, or the breach thereof, or to any warranty of Seller (including earnest money disputes) shall be settled by arbitration in accordance with the Commercial Arbitration Rules of the American Arbitration Association. The decision of the arbitrator shall be final and may be enforced by any court having jurisdiction thereof. The arbitration shall be conducted in accordance with O.C.G.A. § 9-9-1 et seq. Notwithstanding the above, if Buyer is claiming under a warranty provided by Seller, the terms and procedures of that warranty shall first apply to the resolution of the claim.


In order for this paragraph to be a part of this Agreement it must be initialed by Buyer and Seller; if not initialed it shall be void and unenforceable. You most likely can refuse to initial this. Most builders prefer not to have this clause. It is also important to read your state law (from the general assembly) that governs the arbitration process.

 


 

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