subject: Hiring Lawyers And Exactly Why You Need To Have Them [print this page] Lawyers like the typical realtor lease for several reasons. Most of these leases are full of holes-holes lawyers like to exploit. Those holes can allow them to sue property holders left and right leaving you to pay money for someone else's mistakes.
I learned to include a Binding Arbitration Clause from the very best teacher around: experience. I saw firsthand to what exactly lengths many people will go to lawfully extort cash from property holders. And it was not pretty.
Many years ago , I had a lease that didn't have this valuable arbitration clause. Without it, I was left unprotected and ended up getting prosecuted by a phony civil rights' organization on a totally bogus discrimination suit.
I was left with no recourse yet to push these people to try to truly prove their case in the court. Amid all that, my lawyers settled the case with out my knowledge in a totally deceitful and unlawful act of betrayal against me.And they got away with it.
If I had had a Binding Arbitration Clause, none of that would have happened. That suit never would have been filed as it will not have been authorized in the court.
Moreover, once an unethical attorney from the company of Dewey, Cheatem and also Howe saw that clause, chances are they would back off. When they can't frighten the property owner into settlement or take him into a war of attritrion with the expense of court fees , legal fees and appeals, there's nothing for them to gain .
The actual cost of arbitration is a lot less than going to court. It typically ends with a serious individual sitting on the other part on the table playing Judge, Jury and Executioner all at once. Makes that binding arbitration clause sound great, right?
I should point out that the lease obtainable here for you to download off my web site doesn't deal with Mental Anguish. The lease that I use on every day basis does cover Mental Anguish-along with any other thing a judge bent on social justice may decide to cite to be able to penalize a property owner .
In any case, I had this Mental Anguish Clause added to my lease in 1995. Since then, I have only been sued for Mental Anguish once, in 2011. Now that little clause is in there and I am sure that even the U.S. Supreme Court cannot bypass it.
