Choose your pricing plan

1.1.       MANDATORY ARBITRATION - AFFIANT(S)/INSURED AGREE THAT ANY CONTROVERSIES OR DISAGREEMENTS ARISING OUT OF, OR RELATING TO THIS AGREEMENT OR THE BREACH THEREOF, OR AS CONCERNS CORETITLE SERVICES, INCLUDING CLAIMS OF PROFESSIONAL MALPRACTICE, SHALL BE SETTLED BY EXPEDITED COMMERCIAL ARBITRATION IN MONTGOMERY COUNTY, PENNSYLVANIA. EACH SIDE SHALL BEAR THEIR OWN COSTS OF ARBITRATION. JUDGMENT UPON THE ARBITRATION AWARD RENDERED MAY BE ENTERED IN ANY COURT HAVING JURISDICTION THEREOF. BY AGREEING TO ARBITRATE YOU GIVE UP YOUR RIGHT TO SUE AND PURSUE YOUR CLAIMS IN COURT AND HAVE A JURY OR JUDGE ADJUDICATE THE DISPUTE IN A TRIAL. EITHER PARTY MAY INSTITUTE ARBITRATION ONLY AFTER PROVIDING TEN (10) WRITTEN DAYS NOTICE TO THE OTHER PARTY OF ITS INTENT TO ARBITRATE A CONTROVERSY. IN THE EVENT OF ARBITRATION, ONE ARBITRATOR, WHO MUST EITHER BE AN ATTORNEY WHO IS A MEMBER OF THE PENNSYLVANIA ACADEMY OF MEDIATORS AND ARBITRATORS OR A RETIRED SUPERIOR OR APPLELLATE COURT JUDGE OF THE STATE OF NEW JERSEY SHALL BE SELECTED AND DESIGNATED BY THE PARTIES TO DECIDE THE CONTROVERSY. IF AFTER THIRTY (30) DAYS THE PARTIES ARE UNABLE TO CHOOSE AN ARBITRATOR, THEN THE NEW JERSEY ACADEMY OF MEDIATORS AND ARBITRATORS WILL SELECT AND APPOINT ONE ARBITRATOR FROM ITS LIST OF ACCREDITED MEMBERS. ANY SUCH CLAIMS OR CONTROVERSIES MUST BE INSTITUTED WITHIN TWO (2) YEARS FROM THE DATE THAT THE CAUSE OF ACTION AROSE. THIS ARBITRATION PROVISION SHALL NOT BE APPLICABLE, EXCEPT UPON MUTUAL AGREEMENT TO THE CONTRARY, TO ANY ACTION RELATING SOLELY TO DISPUTES REGARDING FEES/COSTS OR COLLECTION OF FEES/COSTS. THE ARBITRATOR MAY NOT ENLARGE THE SCOPE OF THIS AGREEMENT. A COURT MAY REVERSE THE ARBITRATOR'S DECISION FOR GROSS ERRORS OF LAW. AFFIANT(S)/INSURED IS/ARE INFORMED THAT POTENTIAL ADDITIONAL COSTS ASSOCIATED WITH COMMERCIAL ARBITRATION MAY BE EXPERIENCED, AND THAT THERE ARE LIMITATIONS ON THE RIGHT TO APPEAL AN ARBITRATION AWARD.