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Real Estate Mediation and Arbitration for Disputes

BY JAMES KIMMONS Updated September 09, 2016 When are alternative dispute resolution methods appropriate? Just about any type of disagreement or dispute can be resolved using mediation or arbitration. Usually the dispute will be resolved more quickly and at a lower cost than through litigation of any type. Repair and inspection issues, costs for repairs, earnest money disputes, and claims of misrepresentation about the condition of the property, appliances or fixtures are all examples of situations where mediation and arbitration are effective and less expensive. When are these types of resolution not appropriate? If one party is alleging some type of criminal conduct on the part...

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