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Commonly Asked Questions about US Legal Forms for Arbitration

An arbitration agreement must be in writing, either in the form of an arbitral clause in a contract or in the form of a separate agreement.
Arbitration is a form of ADR in which an arbitrator, rather than a judge or jury, applies the law to the facts of a dispute to resolve the dispute. There are two forms of arbitration: binding and nonbinding.
Arbitration is an ADR process where the parties present arguments and evidence to an independent third party, the arbitrator, who makes a determination. Arbitration is particularly useful where the subject matter is highly technical, or where the parties seek greater confidentiality than in an open court.
Arbitration is a contract-based form of binding dispute resolution. In other words, a partys right to refer a dispute to arbitration depends on the existence of an agreement (the arbitration agreement) between them and the other parties to the dispute that the dispute may be referred to arbitration.
Arbitrations are usually divided into two types: ad hoc arbitrations and administered (or institutional) arbitrations. In ad hoc arbitrations, the arbitral tribunals are appointed by the parties or by an appointing authority chosen by the parties.
What is an arbitration agreement? Arbitration agreements require that persons who signed them resolve any disputes by binding arbitration, rather than in court before a judge and/or jury.
If your arbitration is being administered by the American Arbitration Association (AAA) under the Construction Arbitration Rules Mediation Procedures (Construction Industry Rules), there are three types of award: (1) standard award, (2) reasoned award, and (3) findings of fact and conclusions of law.