Hello. we've just purchased a house (closing was 4 days ago) and a few events make us suspect foul play from owner who has been all along passive aggressive, disappointed with the price the house got sold for. He must have closed the water pump and opened the kitchen sink valve leading to... Read more »
You may be able to demand an Arbitration proceeding, but that is under California Law. California has different laws than Massachusetts. Under California laws, most real estate purchase agreements contain such clauses. I don't know what Mass. laws say. You should review the paperwork. Good Luck.
Mediation involves sitting down and trying to come to a mutually agreeable compromise. Usually both sides pay a mediator's fee in advance so if both sides want mediation, it suggests that both sides want to explore compromise.
The arbitration contract you refer to is binding, meaning at...Read more »
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