Get Active: House Bill 1237. Losing your Constitutional Rights
HB1237 will require all new home builders to have a disclosure statement on new home contracts DEMANDING that the homeowner agree to mandatory arbitration.
But.....the bill will not require the disclosure to state:
BOTH PARTIES UNDERSTAND THAT BY AGREEING TO THIS CONTRACT THE RIGHT TO A CIVIL TRIAL GUARANTEED BY THE 7TH AMENDMENT OF THE UNITED STATES CONSTITUTION IS WAIVED.
Arbitration in new home contracts has been proven to be a complete consumer scam. It is EXPENSIVE and grossly UNFAIR to the homebuyer.
email paul.powell@house.state.tx.us and tell him NO on HB1237.
for background read "The Abuse of Arbitration in New Home Contracts" www.hadd.com/documents/arbitration.pdf
Very interesting. I never thought about this before, but there are a number of instances they're discussing (farmers, car dealerships) regarding this. Clauses like these are harmful and hurtful. BMAs remove the deterrents for companies to behave themselves.
Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators
Important Notices: By participating on this discussion
board, visitors agree to abide by the rules outlined on our Rules
page. Messages posted on the Democratic Underground Discussion Forums are the
opinions of the individuals who post them, and do not necessarily represent
the opinions of Democratic Underground, LLC.