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

In Pennsylvania, the legal process for resolving a commercial real estate dispute begins with each party attempting to reach an informal settlement. If an informal settlement cannot be reached, then the parties may seek to enter into binding arbitration. This is a process in which a neutral third-party will listen to each party’s arguments and make a binding decision. If the parties do not wish to pursue arbitration, then they may file a lawsuit in a Pennsylvania court. The lawsuit must be filed in the county in which the property or contract dispute is located. Both parties can present evidence and testimony to the court, which will decide the disputes. The court may also order one or both parties to pay for legal fees or other costs associated with the dispute. If either party fails to comply with the court’s order, the other party may file a motion for contempt with the court. This can lead to sanctions against the noncompliant party. Finally, both parties can seek to appeal the court’s decision to a higher court if they are unhappy with the outcome. This is done by filing a petition for review with the appellate court. The appellate court can either affirm or overturn the decision of the lower court.

Related FAQs

What are the options for resolving a commercial real estate dispute?
What are the consequences of violating a commercial real estate lease?
What liabilities do landlords have under commercial real estate law?
How does a real estate attorney help me with a commercial real estate transaction?
What are the consequences of defaulting on a commercial real estate loan?
What are common legal issues that arise in commercial real estate transactions?
What type of title insurance is required in a commercial real estate transaction?
How can I ensure compliance with all relevant commercial real estate laws?
What tax considerations should be taken into account when purchasing commercial real estate?
What strategies can be used to reduce the risks of investing in commercial real estate?

Related Blog Posts

Understand Commercial Real Estate Law: A Guide To Financing & Investing In Commercial Property - July 31, 2023
Navigating Through Commercial Real Estate Law: What You Need To Know - August 7, 2023
Top 7 Considerations When Dealing With Commercial Real Estate Law - August 14, 2023
Using Commercial Real Estate Law To Your Advantage: How To Make Smart Investments - August 21, 2023
Breaking Down The Basics of Commercial Real Estate Law - August 28, 2023