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I suppose I should ask a lawyer, but...
Anybody ever bought a brokered boat and refused to sign an arbitration
agreement in the sales contract? Some if not all seem to put it into their contracts. With it, you give away your right to seek recourse in court--though your're making a very substantial purchase. Instead you have to agree to arbitration by the American Arbitration Association, a company that the broker contracts with to settle disputes--and who's apparently been in some trouble recently over alleged bias. I don't mean to be asking for legal advice here, but do others share my misgivings about this? Or am I worring too much about a technicality? Anybody ever refuse to sign that part of a purchase agreement? Pat |
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