Utah Arbitration Agreement Preview
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Utah Arbitration Agreement

A binding arbitration agreement substantially affects your legal rights.ᅠ By agreeing to binding arbitration in the event of a dispute, the parties give up their legal right to bring a court action and have a trial.

This arbitration agreement is primarily intended for use in the resolution of business related disputes, and should not be used for employment related disputes.ᅠ It may be completed and signed by both parties prior to the existence of any disputes, so that in the event of a dispute an agreement to arbitrate will already be in place.ᅠ If there is an existing dispute that the parties would like to resolve through arbitration, this agreement may be used as the first step in formalizing the arbitration process.

The GetFormsNow Arbitration Agreement includes provisions related the arbitration forum and procedures, the place of arbitration, the allotment of attorney's fees, and the nature of the parties' business relationship, including specifics regarding the existing dispute, if any.
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