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Focus (Forum & Focus)

Feb. 9, 2008

Successful Real Estate Arbitration Clauses Follow Narrow Rules

Forum Column - By Natalie Prescott - Arbitration clauses in real estate contracts require special handling.

FORUM COLUMN

By Natalie Prescott
This article appears on Page 6.

      Alternative dispute resolution is on the rise. In most cases, it offers a faster, easier and less costly means of resolving disputes between the parties than a trial does. This is especially true in real estate transactions, where time is of the essence and where potential damages may not justify costly litigation. Consequently, arbitration agreements are beco...

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