Los Angeles Commercial Lease Counseling – Arbitration Provisions

Arbitration Provisions in Commercial Leases

Continuing our series on important things to consider when you enter into a commercial lease we now turn our focus to arbitration provisions in commercial leases.

Many leases contain contractual arbitration provisions.  Arbitration is a technique for resolving disputes outside of the court system.  In arbitration, the parties to a dispute allow an arbitrator (typically a retired judge) to resolve their dispute and agree to be bound by the arbitrator’s decision – no matter what it is.  There are a few key differences between arbitration and the court system.  For example, consider these salient differences:

  • No right to a jury trial.  In arbitration you do not have the right to a jury trial.   The arbitrator(s) make the final decision on the facts and the law.
  • No right to an appeal.
  • No judicial review.  There is no judicial review of arbitration awards other than for a few types or procedural irregulars – like bias.
  • Arbitrators do not have to follow the rules of evidence.
  • It is expensive.  Unlike the court system where the judge does not charge for their time, arbitrators charge for their time and the fees typically begin around $500/hour.

There are many other key differences between arbitration and the court system.  Depending on your bargaining power in the lease negotiations you may or may not be able to negotiate the arbitration provision.

For help with your commercial lease dispute please do not hesitate to contact us at Schorr Law, APC at 310-954-1877 or info@schorr-law.com. You can also fill out our Contact Form – we will try to get back to you as soon as possible.

Click below to read related blog posts.

Share Button
Tagged with: , , , , , , ,
Posted in Arbitration, Commercial Lease, Leases

Zachary D. Schorr’s Expert Appearance on the Dr. Phil Show

Zachary D. Schorr’s Expert Appearance on ABC’s Nightline

Contact Schorr Law

Super Lawyers

Zachary Schorr Superlawyers

Zachary D. Schorr has been named to the Southern California Super Lawyers (Rising Stars) list for attorneys in Real Estate for 5 straight years - 2012, 2013, 2014, 2015 and 2016. Each year, no more than 2.5 percent of the lawyers in the state receive this honor. In 2016 he was also included as one of the top 100 lawyers in Southern California in this category. The selection for this respected list is made by the research team at Super Lawyers.

Need Representation?

If you are currently involved in a real estate dispute, either commercial real estate or residential, and are looking for a Real Estate Attorney in Los Angeles with a cost-effective, results oriented approach designed to meet your case's specific needs, contact the attorneys at Schorr Law. Our real estate firm has the specific knowledge and experience necessary to get you the best possible results.

AVVO 10.0

Zachary Schorr Avvo Rating

Avvo Clients’ Choice Award Recipient

Zachary Schorr Avvo Client's Choice Award