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

The legal process for resolving a commercial real estate dispute in Virginia depends on the nature of the dispute and typically involves negotiation, mediation, and/or litigation. If the dispute is between two or more parties, they may attempt to negotiate a resolution on their own or with the assistance of an attorney or a mediator. Negotiations typically involve the parties exchanging information and trying to come to an agreement that is acceptable to all parties. If the parties cannot reach an agreement, they may seek mediation. Mediation is a form of alternative dispute resolution where an impartial third party acts as a mediator between the parties to try to facilitate an agreement. If the parties are unable to come to an agreement through negotiations or mediation, they may proceed to litigation. Litigation involves formal court proceedings and includes filing a claim with the court, exchanging evidence, and conducting a trial if necessary. A court will make a decision on the merits of the case and award damages or other relief to the prevailing party. Commercial real estate disputes can be complicated and time-consuming. It is recommended that parties involved in a dispute consult with an experienced attorney to best protect their interests. An attorney can help advise on the best course of action to take and ensure that all legal procedures are followed.

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