Understanding Real Estate Arbitration Agreements

1. Signing an arbitration clause in real estate closing documents means that disputes must be resolved through arbitration rather than through trial before a judge or jury.
2. Arbitration can be a less expensive route for resolving disputes, but it has drawbacks such as limited discovery and limited options for appealing an arbitrator’s decision.
3. Buyers and sellers should carefully consider whether they prefer arbitration over trial before initialing any automatic arbitration clauses in real estate agreements. 1. Topouzis & Associates, P.C. perform title searches in Massachusetts, Rhode Island, and Florida.
2. They also remedy title problems to decrease conflicts after closing.
3. They provide title insurance for both lenders and owners.
4. Their services aim to help ensure true ownership of a property without dealing with unforeseen hassles.
5. Contact them if you are considering purchasing a new property for help with title issues.

The Arbitration Clause in Real Estate Agreements