How’s the market? Anything but a lawsuit
Before resorting to legal action in real estate disputes, consider communication, mediation, or arbitration to save time and money.Summary
Disagreements in real estate transactions are common, but lawsuits should be a last resort due to their cost and time commitment. Open communication can often resolve issues, as demonstrated by a story of a neighborly dispute resolved through simple conversation. In transactions, minor concessions or clarifying misunderstandings can prevent deals from falling apart. If direct communication fails, mediation—using a neutral third party—is a less expensive alternative to litigation. Arbitration offers a faster, cheaper option than court, but with limited appeals. While litigation aims for justice, it's imperfect due to human involvement. Consulting a lawyer is crucial to determine the best dispute resolution method, keeping in mind statutes of limitations. Readers with questions are encouraged to contact Dick Selzer, a real estate broker with over 50 years of experience, for advice.
(Source：Ukiah Daily Journal)