What are the different strategies for resolving a real estate dispute?

When it comes to resolving a real estate dispute in South Carolina, there are several strategies one can use. Generally, the most preferred approach is to follow the dispute resolution process mandated under the South Carolina Real Estate Commission’s rules and regulations. This involves mediation, arbitration, or a judicial proceeding. Mediation is a common method that is often used to resolve disputes. It involves a neutral third-party mediator who helps both parties find a mutually agreeable solution. Through the mediation process, parties can come to an agreement that is acceptable without having to go to court. Arbitration is another form of dispute resolution that awards a binding decision to the parties involved. Unlike mediation, this process uses an impartial third-party arbitrator to decide the outcome of the dispute. This third-party must remain uninvolved and make their decision based solely on the evidence presented. Finally, a judicial proceeding, or trial, is the last resort for resolving real estate litigation. This is when both parties present their case in front of a judge in court. The judge will examine the evidence and make a final decision that is legally binding. Regardless of the type of dispute resolution you choose, it is important to work with an experienced real estate attorney who understands the laws in South Carolina. An attorney can help ensure that your rights are protected and that the dispute is settled in a timely and satisfactory manner.

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