Are there any special requirements for an arbitration agreement?
Yes, there are special requirements for an arbitration agreement in California. To be valid, an arbitration agreement must be in writing and clearly state that it is an arbitration agreement. The agreement must also contain the names of the parties and a description of the issues to be arbitrated. It should also identify the arbitrator(s) or the method of selection, the place and language of arbitration, a schedule for submission of documents or hearings, the applicable law, and the rules of procedure to govern the arbitration. The agreement must also indicate that both parties understand the terms of the agreement and that they are binding. Finally, the agreement must be signed by both parties who are entering into the agreement. If it is not signed, or is unclear in any way, it will likely be considered invalid. Overall, for an arbitration agreement to be considered valid in California, it must be in writing and satisfy the outlined requirements. If an agreement does not meet these requirements, it may be deemed invalid and the arbitration will not proceed.
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