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Arbitration Settlement Agreement

IAR state IN

 

INDIANA ASSOCIATION OF REALTORS®, INC.

Arbitration Settlement Agreement

The undersigned, as Members of the Indiana Association of REALTORS® and pursuant to the arbitration guidelines incorporated into the Indiana Association of REALTORS®’s professional standards procedures, have voluntarily participated in and agree to the following settlement:

The undersigned agree to be bound by the above resolution and waive any and all future rights to submit the dispute to arbitration before the Professional Standards Committee of the Indiana Association of REALTORS® or to litigate the matter. We further hold the Indiana Association of REALTORS® harmless, acknowledge that we were advised of our right to attorney representation at the arbitration and attorney review of the Settlement Agreement, and expressly waive any and all liability of the Indiana Association of REALTORS®, or any claim that we have against the Indiana Association of REALTORS® arising out of the manner in which the Indiana Association of REALTORS® conducted the arbitration or the resolution of the dispute reached as a result of the Indiana Association of REALTORS®’s arbitration procedures. Further, if the agreement is judicially enforced, the non-complying party agrees to reimburse the other party for court costs and reasonable attorney’s fees.

 

__________________________________________________                        ____________________
Signature                                                                                                     Date

 

__________________________________________________                        ____________________
Signature                                                                                                     Date

Professional Standards Administrator
800 East 86th Ave, Suite, A

Merrillville, IN 46410
Phone (219) 895-5357
LSallie@IndianaRealtors.com

 

REALTOR® is a registered mark which identifies a professional in real estate who subscribes to a strict code of ethics as a member of the National Association of REALTORS®

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