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Buyer-Only Arbitration Clause Unenforceable (access required)

By Deborah Elkins
Published: February 27, 2013

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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 ...
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