REAL ESTATE ARBITRATION SERVICES
FEE SCHEDULE
The hourly and daily rates of arbitrator neutrals vary depending on the panelist selected. Neutrals are independent contractors and set their own rates.
Fees are split equally between all parties, unless the parties agree otherwise. All payments must be received prior to the issuance of an award.
The Initial Scheduling Consultation Fee and the Arbitration Hearing fee shall be paid in advance.
Notice of cancellation or rescheduling shall be submitted in writing.
FILING FEE $500
Due at time of filing Demand or Stipulation for Arbitration
INITIAL SCHEDULING CONSULTATION FEE $500
(Call with arbitrator and parties to set the stage for the case, any discovery or motions, set arbitration hearing date)
DUE 5 days before the initial scheduling conference call.
ARBITRATION HEARING FEE $1,500.00 (includes 4 hours of arbitrator time) (preparation for and conducting the arbitration hearing, post-hearing, preparation of arbitration award)
Due fifteen (15) days before the scheduled arbitration hearing *Refundable if arbitration cancelled at least five (5) days before the scheduled arbitration hearing date, except for time billed and expenses
ARBITRATOR FEE (for additional arbitrator work)
Due within thirty (30) days of billing *Not applicable if arbitrator logs 4 hours or less on the matter
At arbitrator’s hourly rate.
ADDITIONAL ARBITRATOR FEES
Review of motion papers, hearing motions, preparation for ruling on motions.
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