Wednesday 3 October 2012

UAE real estate market needs alternative dispute resolution methods, says RICS | RICS | AMEinfo.com

Concerned by the overwhelming number of built environment disputes in the region, The Royal Institution of Chartered Surveyors (RICS) and the Dubai Land Department (DLD) will address this problem today and propose alternative solutions based on international professional standards at a joint conference on the Resolution of Property Disputes in the UAE, at the Dubai World Trade Centre, Maktoum Hall on 4 October 2012.

The objective of this joint conference is to urgently tackle the cost, delay and difficulty, experienced by all parties involved in disputes in the UAE built environment sector. It marks the culmination of years of close relationship between RICS and the DLD which began with the signing of a formal Memorandum of Understanding between the two bodies.

Over the last two years, RICS has been working closely with major organisations in the sector to establish a specialist dispute resolution capacity. RICS has trained and accredited a panel of more than 40 internationally qualified mediators, arbitrators and adjudicators available to provide dispute resolution services in the region.

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