How does real estate mediation work in California?
Mediation is a non-adversarial confidential process that brings disputing parties together with a neutral, unbiased third party (mediator) who assists the parties in reaching a mutually agreeable settlement of the dispute. The mediator does not make decisions or impose sanctions.
How much does a mediator cost in CA?
The mediator’s charges are split between the parties. If the parties choose a private mediator, they will be required to pay the mediator’s regular rate for all services. The market rates for private mediators can range from $200-$1,000 per hour.
Is mediation binding in California?
Mediation is an informal, confidential, flexible, and non-binding process in which an impartial person called a “mediator” helps the parties to understand the interests of everyone involved, and their practical and legal choices.