Revising the Arbitration Clause in Real Estate Contracts
This article discusses arbitration clauses between buyers, sellers, and brokers. In California. CCP 1298 is preempted by 9 USC 2, but agreements, however, may still require being initialed. Brokers are cautioned on using the CAR Residential Purchase form because the arbitration clause may be ineffective.
The University of Minnesota engaged RRM Architects, with RRM's consultant, Earl ::: Walls Associates, to assist the Ad-Hoc Committee for Preplanning Analysis of ::: Academic Sciences. The results of that study comprise this report.