A legislatively mandated or court administered scheme for the resolution of pending court cases (usually valued at under $50,000), utilizing informal rules of evidence and procedure in a non-binding, advisory arbitration process that is ordered by the court at an early stage of a lawsuit.
Arbitrations usually involve one or more hearings before the tribunal, where the parties' lawyers put forward arguments and question the other party's witnesses and experts. Hearings can last from half a day to many weeks or even months depending on the issues at stake.
In simple terms, arbitration is the out-of-court resolution of a disagreement between two commercial parties decided by an impartial third party, the arbitrator.
Arbitration is performed out of court and the dispute is resolved by an impartial third party known as an arbitrator.
This law provides that arbitration agreements are generally valid and enforceable. The major exception to this provision is that the arbitration agreement is not enforceable if it violates the general law of contracts – which applies to all contracts under the law of the state that governs the agreement.
However, because arbitration is an adversarial process, it is commonly viewed as being like litigation in the courts. The purpose of this article is to discuss five key areas in which arbitration is quite different from litigation. There are no pleading requirements in arbitration.
Unlike court cases, where decisions can be appealed to higher courts, arbitration awards are typically final and binding. This means that if the arbitrator makes a legal error or misinterprets the evidence, it can be challenging to have the decision overturned.
A person can file a quitclaim deed by (1) entering the relevant information on a quitclaim deed form, (2) signing the deed with two witnesses and a notary, and (3) recording the deed at the county comptroller's office. In Florida, quitclaim deeds must have the name and address of both the grantor and the grantee.
There is no time limit for the filing/recording of the quit claim deed. Recording a deed provides possible legal protection should the ownership of the property be questioned at a later time, so that nobody comes along and says they are the owner and they acquired title prior to.
If the amount you are attempting to recover is less than $8,000, your case will be considered a small claims case.