What is Arbitration?

 

A type of alternative dispute resolution (ADR) where a claim is decided by an appointed expert arbitrator rather than through conventional Court proceedings. Arbitration is usually used in complex and technical disputes, such as building disputes, where a technical expert such as a surveyor can be appointed to decide the case on the basis of the technical aspects of the dispute. Both parties have to agree to arbitration and the decision is usually binding i.e. when a determination is made there is no recourse to Court proceedings if one of the parties doesn’t like the outcome.

 

Search Legal Jargon

Popular

What is an Abstract or Epitome of Title?

A summary or list of relevant title deeds proving the ownership history of a property,…

Read more

What is a Deed of Postponement or Priority?

A document used to confirm that a lender agrees that their already-registered charge (mortgage) will be ranked…

Read more

Portfolio Builder

Select the legal expertise that you would like to download or add to the portfolio

Download    Add to portfolio   
Portfolio
Title Type CV Email

Remove All

Download


Click here to share this shortlist.
(It will expire after 30 days.)