Idaho Retail Installment Contract (12/2009) with ARBITRATION
This form is sold in minimum quantities of 100. Shipped in packs of 50.
8.5"x24 with 3 copies
IADA has developed the Arbitration version of the Idaho Retail Installment Contract to include an arbitration provision. The arbitration provision benefits the parties to the retail contract by allowing the parties to choose to have any dispute arbitrated as an alternative to costly litigation and provides the process under which the arbitration will take place. NO SIGNATURES ARE REQUIRED.
Please note that this form is a universal contract and is absent of any specific financial institution. By using this contract, you may either assign a financial institution during the initial drafting of this contract or after the Buyer has signed the contract.
If additional legal advice is required, the services of a legal professional should be sought.
Compliance- Compliance knowledge base of industry best practices and exceptional support - because compliance/dealership liability protection is our primary focus with the Idaho Retail installment Contract.
Partnerships - IADA has worked hard to ensure that lenders are aware of our new contract and have included them in the design and build stage.
Cost Savings - The Idaho Generic Retail installment Contract is a 30% cost saving over competitive forms. And since the IADA owns the copy write for this new contract there are no royalty fees to be paid and we can better control our inventory costs. In addition the IADA will not create unnecessary reprogramming changes.
IADA and the ISIADA are the Only Approved Distributors of the IADA V-001 (12/2009), and IADA V-001-Arbitration (12/2009).
© Copyright Idaho Automobile Dealers Association, Inc. (2009) All Rights Reserved.
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