Dispute Resolution System
Although the vast majority of real estate transactions close without incident, the possibility that a problem or dispute will occur cannot be eliminated. Generally, these difficulties are successfully resolved through normal channels of communications and negotiations. Your real estate broker or agent can provide valuable assistance in this regard. Occasionally, a dispute arises which cannot be resolved through negotiations. In the past, when negotiations failed both parties took their cases to court.
Court costs, attorney’s fees and long delays have made traditional litigation an unattractive method of resolving disputes. These problems can be avoided through the Home Buyers/Home Sellers Dispute Resolution System mediation program.
Review the material below. Please forward a copy of the fully executed (initialed by seller and buyer) Standard Agreement of Sale with the DRS Transmittal Form and review the List of Mediators and cross off any Mediator that you do not wish to mediate your case.
Forward a check in the amount of $50.00 (non-refundable) made payable to GPAR (for the Administrative Filing Fee), along with the transmittal form, list of mediators, and a copy of the fully executed Standard Agreement of Sale.
You will need the forms to file for the Dispute Resolution System Mediation: