“This article has been produced by an independent contributor and does not reflect the views and opinions of the Immediation team or the brand as a whole.”
Disputes between property developers are not uncommon.
In fact, disputes often arise when developers are working on projects together. There are a number of reasons why disputes may occur, but some of the most common causes include disagreements over the budget, the timeline, or the scope of the project.
Other disputes may arise from personality conflicts or simply from different vision for the project!
Whatever the cause, disputes can delay a project and add unnecessary stress to everyone involved. However, by being proactive and communicating openly, disputes can often be resolved quickly and without too much damage.
In short, property development can be a complex and risky business, with multiple stakeholders involved in each project.
Effective communication is essential for dispute resolution and successful project delivery. Property developers need to be able to communicate clearly and concisely with architects, engineers, planners, government agencies, financiers, lawyers, and other professionals.
They also need to be able to resolve disputes quickly and efficiently. By maintaining good communication channels and fostering a culture of collaboration, property developers can maximise the chances of delivering successful projects.
This is why property developers need mediation to resolve disputes. Mediation is a process where an impartial third party assists in communication between parties to help them reach an agreement. It is informal and confidential, and can help parties save time and money by avoiding litigation.
Mediators do not make decisions for the parties, but rather help them come to an agreement on their own. This is done through facilitated discussion, where the mediator helps the parties communicate effectively and understand each other’s perspectives.
Mediation can be used for property developers who are experiencing disputes about construction schedules, design plans, or other issues. By using mediation, property developers can avoid delays and cost overruns, and keep projects on track. Mediation is a valuable tool for property developers, and can help them resolve disputes quickly and efficiently.
Are you facing the prospect of mediation yourself?
The team of legal and technical experts at Immediation are here to help guide you through the mediation process and reach the best possible outcome. You can do it 100% online or opt to use a managed service where the Immediation personnel do everything for you, from start to finish.
Mediation is a good first step in the dispute resolution process. It’s Immediation’s goal to help you sustain your business relationships, while resolving the matter quickly and professionally.
Want to know more, or enquire about your business dispute? Simply fill out the form on the contact page and they’ll be in touch.