Mediation, arbitration present tough choice for home buyers
Am I giving up legal rights in future defect dispute by signing on dotted line?
By Robert Bruss, Friday, August 31, 2007."Should I sign the mediation and arbitration clauses in this home sales contract?" That question is frequently asked by home buyers and sellers of their real estate agents.
Frankly, there is no right or wrong answer, but all the parties should be fully informed before making their decision to possibly give up legal rights.
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