What is the legal process for resolving a commercial real estate dispute?

The legal process for resolving a commercial real estate dispute in California generally involves negotiation, litigation, or arbitration. Negotiation is a process by which parties to a dispute attempt to work out the details of a dispute among themselves. This process can be informal or can involve attorneys or other representatives. Negotiation is often far less costly than litigation and can result in faster resolutions. Litigation is a formal process in which parties can bring their disputes to a court to be decided. In commercial real estate disputes, the parties will typically hire attorneys to represent them, and they will go through discovery, or the exchange of information, to prove their case. Once discovery is over, the parties will have the opportunity to present their evidence before a judge and jury, who will then decide the outcome of the dispute. Finally, arbitration is another form of dispute resolution. In arbitration, an impartial third-party called an arbitrator will hear both sides of the dispute and will then decide the outcome. This method of dispute resolution is often favored for commercial real estate disputes because it is typically faster and less expensive than litigation. However, the decision of the arbitrator is final and binding, so the parties should be sure to agree to arbitration before beginning the process. In conclusion, the legal process for resolving a commercial real estate dispute in California involves a range of options, including negotiation, litigation, and arbitration. Depending on the circumstances of the dispute, any one of these three options may be the best course of action.

What is the legal process for resolving a commercial real estate dispute?

Related FAQs

Related Blog Posts