Purchase Contract-2023-Counter-HOA-BINSR

SECTION 7 REMEDIES

7c.

LINES 325-333 Alternative Dispute Resolution (”ADR”). If mediation does not resolve the disputes, the parties agree to binding arbitration and the decision of the arbitrator shall be final and non-appealable. Parties can opt out of arbitration and go to court.

7d.

LINES 324-340 Exclusions from ADR. Basically the same as the exclusions from mediation in the prior Contract.

7e.

LINES 341-343 Attorney Fees and Costs - The prevailing party in any dispute or claim arising out of or relating to this Contract shall be awarded their reasonable attorney fees and costs.

SECTION 8 ADDITIONAL TERMS AND CONDITIONS

8a.

LINES 344-389 Area alloted for additional terms and conditions