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DISCLOSURE STATEMENT: ARBITRATION <br />DISCLOSURE AND RESIDENTIAL REAL <br />PROPERTY ARBITRATION AGREEMENT <br />47, Page 2 <br />48. THIS IS AN OPTIONAL, VOLUNTARY AGREEMENT, <br />A9. READTHE ARBITRATION DISCLOSURE ON PAGE ONE (1) IN FULL BEFORE SIGNING. <br />50. RESIDENTIAL REAL PROPERTY ARBITRATION AGREEMENT <br />51, For the property located at 3046 Labors Road <br />52. City of Little Canada <br />County of <br />Ramsey <br />, Stale of Minnesota. <br />53. Any dispute between the undersigned parties, or any of them, about or relating to material facts affecting the use or <br />54. en)oyrmeytof the properly, excluding disputes related to title Issuesoflhopropertycovered by the Purchase Agreement <br />55. dated ?rieff N 7 --CA 20 14 including claims of fraud, misrepresentation, warranty and <br />56. negligence, shall be settled bybinding arbitration. National °anterior Dispute Settlement shall bo the arbitration service <br />57. providor,The rules adopted by National Center for Dispute Settlement and the Minnesota Association of REALTORS© <br />58, shall govern the proceeding(s). The rules that shall govern the proceeding(s) are those rules In effect at the time the <br />59. Demand for Arbitration is tiled and Include the rules specified In the Arbitration Disclosure on page one (1), This <br />60. Agreement shall survive the delivery of the deed or contract for deed in the Purchase Agreement. This Agreement Is <br />61. only enforceable if all buyers, sellers and licensees representing or assisting the buyers and sellers have agreed to <br />62. arbitrate as acknowledged by signatures below. For purposes of this Agreement, the signature of one licensee of a <br />63. broker shall bind the broker and all ilconsoes of that broker. <br />64. <br />(Sanaa Sternum) <br />65, <br />66, <br />67, <br />68 <br />69. <br />(safors P <br />la) <br />(napes Slgnalu1/41 <br />(Cale) <br />D<rt[4 Jason 0frge <br />(Ruyora (Natal Nam} <br />ais NYL ).4V( aka'+ <br />(S6pora sign to) (Dam) Ayes elgnotmn) (Dale) <br />(Salient Pr <br />(t.tcane ` opmsmding or nolongsnNer (eat <br />Bob, Pedersen <br />Counselor Realty, Ino <br />I4r^+17Ito <br />(a,yore PoNdod Name) <br />Llama near <br />Nam <br />(Comply/Nemo) 10amtMny <br />5m2ano, nil a(444 <br />ting Buyer) <br />(Date) <br />70. THE RESIDENTIAL REAL PROPERTY ARBITRATION AGREEMENT IS A LEGALLY BINDING CONTRACT <br />71. BETWEEN BUYERS, SELLERS AND LICENSEES. IFYOU DESIRE LEGAL ADVICE, CONSULT A LAWYER. <br />24 <br />