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Case
Study: Title Dispute
Back
to MCA Dispute Resolution Index
A real estate developer entered into a purchase and sale agreement with
a farmer for a tract of land on which to construct single family homes.
When the title search proved that the seller could not deliver good and
marketable title, the buyer demanded an extensive instrument survey. The
farmer refused to pay for the survey and threatened to retain the $50,000
deposit. The parties filed cross actions that promised to lead to several
years of extensive and expensive litigation. In the interest of time,
money and the desire to preserve the opportunity for both, the parties
agreed to mediate.
Result
Focusing on mutual interests with the help of a trained mediator, they
settled their dispute and scheduled a closing soon thereafter.
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