How does mediation work in real estate disputes?

Mediation is a process that can be used to resolve disputes in real estate litigation cases in Virginia. It is a voluntary process, and both parties must agree to it in order for it to be successful. During mediation, both parties meet with a neutral third-party mediator to discuss the dispute and reach an agreement. The mediator will help the parties communicate openly and effectively, and will not take sides or give legal advice. The mediator will help the parties discuss the points of disagreement, as well as any proposed solutions. They will also help them identify areas of agreement, and any potential areas of compromise. The parties can also bring in any necessary experts, such as real estate appraisers or financial advisors. The mediator’s goal is to help the parties reach a resolution that is acceptable to both sides. If a resolution is not reached, the mediator will make a non-binding recommendation to the parties. It is ultimately up to the parties to decide if they accept the recommendation or continue to litigate. Mediation can be a cost-effective and efficient way of resolving real estate disputes in Virginia. It is also often quicker and less stressful than going to court.

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How does mediation work in real estate disputes?

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