Selling a property after a divorce or...
Divorce or separation is always stressful. Selling a property after a divorce or separation can just add to the stress. However, it's better to take a cooperative approach to selling your home and...
Mediation refers to a process of resolving disputes or conflicts between parties through the assistance of a neutral third party, known as a mediator.
Mediation refers to a process of resolving disputes or conflicts between parties through the assistance of a neutral third party, known as a mediator. It aims to facilitate communication and negotiation between the parties to reach a mutually acceptable agreement, avoiding the need for litigation.
Yes, mediation can be used for property settlement in various situations, including disputes between landlords and tenants or disagreements over property boundaries.
In the case of separation, mediation can be particularly helpful for resolving issues related to the division of property, such as the family home. Instead of resorting to litigation, which can be time-consuming and costly, mediation allows each party to work together with a neutral mediator to negotiate and agree on a fair distribution of their property.
Mediation itself is not legally binding. However, if the parties reach an agreement during mediation, they can choose to formalise it into a legally binding contract or agreement. This often involves drafting a settlement agreement that outlines the terms agreed upon during the mediation process.
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