Disputes can and do arise in all industries. Depending on the dispute, this could impact transactions, operations and the overall success of the business. And in the real estate industry, all areas could be impacted by a single dispute. As such, it is important to understand not only the basis of the dispute and your legal rights in the matter, but also the different forms of resolution methods available to you.
Resolving real estate disputes
Real estate disputes can be tricky and complex, which is why the attorneys at Sheppard, Uziel & Henderson Law Firm take the time to fully understand the matter and the needs of our clients. Obtaining a favorable result for our clients often means devising a creative and practical resolution.
Litigating the matter may be a reasonable approach for some disputes; however, many seek to avoid litigation altogether. As such, alternative dispute resolution methods might be the more practical and sustainable method to use to resolve your real estate dispute.
Using mediation or arbitration
Common alternative dispute resolution methods include mediation and arbitration. With mediation, a neutral third party, referred to as the mediator, helps facilitate a resolution between the parties. These matters are confidential, and the mediator does not take sides during this process.
Similarly, arbitration is an out of court proceeding that provides confidentiality. However, the arbitration process resembles trial proceedings. The matter is presided over by an arbitrator or panel of arbitrators, and the parties present evidence, argue their side and call witnesses. It should be noted that many of these aspects are simplified or limited when compared to litigation. Finally, the arbitrator or panel of arbitrators deliver their ruling to the parties.
Whether you seek to resolve a real estate dispute or any other type of dispute, it is important to consider your options beyond taking the matter to court. A legal professional can help you understand if either mediation or arbitration could provide the resolution your seek.