Arbitration
California Association of Realtors
Updated 10-31-2026
Arbitration
The term used to describe a form of dispute resolution that occurs outside of the court system, usually by private agreement between parties. Basically, arbitration is a dispute resolution system where the parties submit arguments and evidence to a neutral person, known as the arbitrator, who then renders a decision, called an award, based upon the evidence and arguments presented.
California Association of Realtors Glossary
California Association of Realtors · p. 2
FreddieMac
Updated 10-31-2026
Arbitration
A process where disputes are settled by referring them to a fair and neutral third party (arbitrator). The disputing parties agree in advance to agree with the decision of the arbitrator. There is a hearing where both parties have an opportunity to be heard, after which the arbitrator makes a decision.
FreddieMac Glossary
FreddieMac · p. 2
FTC
Updated 10-31-2026
Arbitration
A process where disputes are settled by referring them to a fair and neu-tral third party (arbitrator). The disputing parties agree in advance to agree with the decision of the arbitrator. There is a hearing where both parties have an opportunity to be heard, after which the arbitrator makes a decision.
FTC Real Estate Terms
FTC · pp. 1–2
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