Page 318 - ALTA Endorsements Guide

ADDENDUM RETURN TO TABLE OF CONTENTS

Loan Policy of Title insurance
[2021 v. 01.00 (07-01-2021)]

as appropriate to a particular dispute, the Consumer Arbitration Rules and Commercial Arbitration Rules of the American Arbitration Association
(“AAA Rules”). The AAA Rules are available online at www.adr.org.
b. ALL CLAIMS AND DISPUTES MUST BE BROUGHT IN AN INDIVIDUAL CAPACITY. NO PARTY MAY SERVE AS PLAINTIFF, CLASS MEMBER, OR PARTICIPANT
IN ANY CLASS OR REPRESENTATIVE PROCEEDING IN ANY ARBITRATION GOVERNED BY CONDITION 18. The arbitrator does not have authority to
conduct any class action arbitration or arbitration involving joint or consolidated claims under any circumstance.
c. If there is a final judicial determination that a request for particular relief cannot be arbitrated in accordance with this Condition 18, then only that
request for particular relief may be brought in court. All other requests for relief remain subject to this Condition 18.
SAMPLE
d. [The Company will pay all AAA filing, administration, and arbitrator fees of the consumer when the arbitration seeks relief of $100,000 or less.
Other fees][Fees] will be allocated in accordance with the applicable AAA Rules. The results of arbitration will be binding upon the parties. The
arbitrator may consider, but is not bound by, rulings in prior arbitrations involving different parties. The arbitrator is bound by rulings in prior
arbitrations involving the same parties to the extent required by law. The arbitrator must issue a written decision sufficient to explain the findings
and conclusions on which the award is based. Judgment upon the award rendered by the arbitrator may be entered in any State or federal court
having jurisdiction.]

NOTE: Bracketed [ ] material optional

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