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What is Arbitration?

Marc Bhalla
Publication date:
July 12, 2019
Article Summary: 

Arbitration is a private legal process that involves a neutral and impartial third party, the arbitrator, making a binding decision on a dispute. It offers advantages over court proceedings, such as privacy, the ability to select an adjudicator, time and cost savings, and faster closure. Arbitration allows parties to avoid airing disputes publicly and can be more flexible in terms of scheduling and participation. The arbitrator's role is to govern the process, listen to the submissions, and make a decision without the need for extensive legal opinions.


Arbitration, Private Court, Adjudicator, Condominium Disputes, Arbitrator Selection, Time and Cost Savings, Closure, Appeal Rights, Legal Process, Neutral Third Party, Binding Decision, Privacy, Flexibility.

Source Citation: 
Marc Bhalla
What is Arbitration?
July 12, 2019
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