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Article: Arbitration can be useful in settling real estate disputes. (Insiders Outlook).
- Article from:
- Real Estate Weekly
- Article date:
- April 17, 2002
- Author:
CopyrightCOPYRIGHT 2002 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Arbitration is a time-honored technique for resolving certain types of disputes, ranging from baseball players' contracts to routine workplace conflicts. In recent years, however, arbitrations have become much more common. Arbitration clauses are routinely written into many contracts and corporate executives and in-house counsel in many industries believe that arbitration is less expensive, faster and-often fairer than litigation. Sometimes that's true. But more and more, cases are being put into arbitration that should never have been there. The results are sometimes outrageous.
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