- Joined
- Oct 13, 2017
- Messages
- 4
Hello,
I'm curious if anyone has been through the arbitration process for a commercial property? Or a similar process, that may be a cheaper option, as my understanding is that arbitration can be quite expensive.
I own a business, and the landlord, (ironic, right? cause this is REIN and normally I prefer to be the landlord), anyways, the landlord is trying to push us up quite high for our next lease renewal term. We have been digging into the arbitration process, as the property manager says the landlord is unwilling to move, and we are quite far apart. Not sure if it's a negotiating tactic at this point or if it's genuine, but thought we'd gather some information and prepare ourselves either way.
Thanks,
Kevin
I'm curious if anyone has been through the arbitration process for a commercial property? Or a similar process, that may be a cheaper option, as my understanding is that arbitration can be quite expensive.
I own a business, and the landlord, (ironic, right? cause this is REIN and normally I prefer to be the landlord), anyways, the landlord is trying to push us up quite high for our next lease renewal term. We have been digging into the arbitration process, as the property manager says the landlord is unwilling to move, and we are quite far apart. Not sure if it's a negotiating tactic at this point or if it's genuine, but thought we'd gather some information and prepare ourselves either way.
Thanks,
Kevin