Commercial

Property problems: Arbitration and mediation could resolve dispute

Q. I am the owner of commercial premises that have been leased to a tenant company for the past 10 years. We have always had a good relationship but recently a major dispute has arisen between us in relation to the repair and maintenance of the property.

This problem needs to be resolved quickly but I would like to avoid spending too much money doing this. Is there an alternati

Monday, August 16th 2004

ve way of resolving this dispute other than going to court? Our tenancy agreement is set out on the Auckland District Law Society standard lease form.

A. Two of the most common out-of-court processes for resolving a dispute of this kind are arbitration and mediation. While arbitration is the traditional out-of-court method for resolving commercial disputes, commercial mediation has become increasingly popular.

Choosing which dispute-resolution forum to adopt will depend on issues of cost, time, confidentiality, the nature of the relationship between the parties and whether the parties wish to have a final decision imposed on them or whether they want to make that decision themselves.

Read More - Opens in a new window

Most Read

Unity First Home Buyer special 4.15
SBS FirstHome Combo 4.29
ICBC 4.49
Kainga Ora 4.59
SBS Bank Special 4.69
Co-operative Bank - First Home Special 4.74
AIA - Go Home Loans 4.75
Unity Special 4.80
Co-operative Bank - Owner Occ 4.84
China Construction Bank 4.85
Kiwibank Special 4.95
Kainga Ora 4.95
China Construction Bank 4.95
ICBC 4.99
AIA - Go Home Loans 5.25
Unity Special 5.29
Co-operative Bank - First Home Special 5.29
SBS Bank Special 5.29
Co-operative Bank - Owner Occ 5.39
Kiwibank Special 5.39
ASB Bank 5.45
Westpac Special 5.45
SBS Bank Special 5.49
BNZ - Std 5.49
Westpac Special 5.49
ASB Bank 5.59
AIA - Go Home Loans 5.59
ICBC 5.65
Kiwibank Special 5.69
Kainga Ora 5.69
Co-operative Bank - First Home Special 5.89
Co-operative Bank - Owner Occ 5.99
TSB Special 5.99
SBS FirstHome Combo 3.29
AIA - Back My Build 3.34
SBS Construction lending for FHB 3.74
CFML 321 Loans 4.20
Co-operative Bank - Standard 5.34
Co-operative Bank - Owner Occ 5.34
ICBC 5.39
Kainga Ora 5.79
Heartland Bank - Online 5.80
SBS Bank 5.84
Pepper Money Prime 5.99

More Stories

Can the NZ economy grow while house prices stagnate?

Thursday, July 09th 2026

Can the NZ economy grow while house prices stagnate?

The question of whether the New Zealand economy can grow much without a recovery in the housing market remains a live issue.

Thursday, February 19th 2026

RBNZ expects slower house price growth in the current recovery

The Reserve Bank thinks house prices will rise at a much slower pace during the current recovery than they have in past cycles.

Wednesday, January 07th 2026

Queenstown not off the radar for first home buyers

First home buyers are not being deterred by Queenstown’s soaring house prices.

Record levels of first home buyers taking out low deposit loans

Tuesday, December 23rd 2025

Record levels of first home buyers taking out low deposit loans

About half of all first home buyer lending has been done at a less than 20% deposit in recent months.