REAL ESTATE

Real estate-related disputes may occur over a variety of issues such as, but not limited to: the market value for purchase or lease of land or structures on that property; revenue issues including expense reimbursements; operational, occupancy and use issues; real estate commission and title disputes; partnership agreements; and tax, land use and zoning issues, among others.

Many of these disputes are resolved through arbitration, which is the voluntary submission of a dispute to an impartial person or persons for final and binding determination. Arbitration has proven to be an effective way to resolve these disputes privately, promptly, and economically.

The AAA and its National Real Estate Industry Dispute Resolution Council have established rules for the real estate industry in response to the need for an efficient voluntary arbitration procedure designed to address the unique problems involved in real estate. In addition, we have developed specific residential procedures for select states that have unique requirements.

EFFECTIVE JUNE 1, 2010: The AAA will retain a portion of the administrative filing fee if a party files a demand for arbitration that is incomplete or otherwise does not meet the filing requirements contained in the Rules, and if the deficiency cannot be corrected in a reasonable period of time. Please review the fee schedule in the current rules for additional details.

• Real Estate Industry Arbitration Rules
• Michigan Home Buyer/Seller Arbitration Rules