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Home / Opinion Digests / Buyer-Only Arbitration Clause Unenforceable (access required)

Buyer-Only Arbitration Clause Unenforceable (access required)

A real estate contract clause that required the buyer – but not the seller – to submit to arbitration is unenforceable under Maryland law for lack of mutual consideration, and the 4th Circuit affirms judgment for plaintiff buyers who are seeking return of their deposit on a luxury home after they were unable to obtain ...