Also, the state of formation is likely where internal disputes would be brought among LLC members, so if you and a partner live in CA, you probably want to arbitrate in CA if the two of you had a disagreement.

Also, they have a very tricky contract/arrangement as Don Fullman lives in and dealt with me in Orange County, California but Charles Sells lives in South Carolina while their contract calls for arbitration in Georgia - totally weird and leaving no good recourse.

The only option is interoffice arbitration.

[i] Disbursement of Earnest Money: Holder shall disburse the earnest money upon: (1) the closing of Property; (2) a subsequent written agreement of Buyer and Seller; (3) an order of a court or arbitrator having jurisdiction over any dispute involving the earnest money; or (4) the failure of the parties to enter into a binding agreement (where there is no dispute over the formation or enforceability of the Agreement).

So I have one person being the official "leasee" and the rest are "occupants".If you sign a lease with two roommates then you end up having to arbitrate right?

Also, I am an Independent Arbitrator for FINRA, so that also keeps me abreast of regulatory issues, while continually honing my negotiation skills.What I want to do is continue to learn from BP, and eventually (in two years or less) purchase an owner-occupied multi-family unit (duplex or triplex) and live there, and then eventually purchase a commercial property to house my insurance business, and rent space to other businesses who can assist small business owners, like attorney's, cpa's and the like.

Besides arbitration how do I deal with this issue.

.-------------- snip ------------------------Rental agreements may provide for waiver of the right to a jury trial or arbitration.

Still working to pay off some of this debt ANNND to top things off we finished by the deadline but the contractor who bailed is now claiming we owe him thousands of dollars so we have to go through arbitration.

Is there any benefit to using an arbitrator for this situation?