The objectives of this course provide a comprehensive overview of Alternative Dispute Resolution ("ADR") as well as the concept and legal basis for Procuring Cause. Massachusetts Licensing Laws do not mandate ADR of business disputes, but there is federal and state law as well as growing use in myriad commercial transactions, real estate transactions in many other states as well as many multiple listing services and local real estate boards. The Code of Ethics of the National Association of REALTORS® contains arbitration clauses.
In the absence of a mutually agreed process for ADR, real estate licensees or their clients and customers involved in any dispute must, in most cases, litigate these matters.
The course will integrate some case law regarding the "procuring cause" doctrine.
Learn more about this course here: https://www.mass.gov/info-details/re54r06-alternative-dispute-resolution-adr-and-procuring-cause
REALTOR® Association of Central Massachusetts
492 Washington St, Auburn, MA 01501
(508) 832 – 6600
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RACM’s MISSION: Empower members with the resources to achieve professional success.
RACM’s VISION: The benchmark for excellence in the real estate industry.
The term REALTOR® is a registered, collective membership mark that identifies members as a professional who subscribes to a strict Code of Ethics and Standards of Practice set forth by the National Association of REALTORS®.
