Greensboro North Carolina Notice to Tenant and Demand for Delivery of Possession for Disorderly Conduct of Tenant/Lessee

• Category: Landlord Tenant - Notices and Letters
• State: Multi-State
• City: Greensboro
• Control #: US-1093BG
• Format: Word; Rich Text

Description

The term "open account" means only an account on which the balance has not been determined. It is an account based on continuous dealing between the parties, which has not been closed, settled or stated, and which is kept open with the expectation of further transactions. Arbitration is a process in which the disputing parties choose a neutral third person, or arbitrator, who hears both sides of the dispute and then renders a decision. The big difference between mediation and arbitration is that a mediator helps the parties to fashion their own settlement, while an arbitrator decides the issue. An arbitrator is more like a judge than a mediator, and the parties go into arbitration knowing that they will be bound by the decision.