Understanding Real Estate Arbitration: A Beginner’s Guide to Resolving Property Disputes
Think of arbitration as a private courtroom where everyone agrees to let a neutral third party, called an arbitrator, decide the outcome of a dispute. Unlike a traditional court, arbitration is faster, less formal, and often less expensive. While arbitration has many perks, it’s not perfect. Whether you’re buying, selling, or renting, knowing how arbitration…