How does mediation work in real estate disputes?
Mediation is a process in which a neutral third-party mediator facilitates a resolution between two or more parties to a real estate dispute. In California, the mediator is usually a lawyer or a retired judge who is not a party to the dispute. The purpose of the mediator is to help the parties reach an agreement without going to court. The mediation process typically begins with an initial meeting between the parties and their lawyers (if any) and the mediator. At the initial meeting, the parties and the mediator will discuss the dispute, what each party hopes to accomplish, and any potential solutions that could be reached. The mediator may also ask questions and offer suggestions to help the parties reach an agreement. Throughout the mediation process, the mediator acts as a neutral facilitator, listening to both sides and helping the parties negotiate. The mediator does not make a decision but instead assists the parties in finding common ground and making a decision that is satisfactory for all involved. The purpose of mediation is to help the parties reach an agreement without going to court. Mediation gives the parties the opportunity to negotiate a resolution on their own instead of waiting for a judge to decide the outcome. It also gives the parties a chance to come up with creative solutions to problems that may not be available in court. Ultimately, mediation can save the parties time and money, as well as emotional stress. If successful, it can result in an agreement that is acceptable to both sides and make the dispute resolution process easier and quicker.
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