Procuring Cause
The legal definition of procuring cause would be "the cause that results in the attainment of a stated goal." In real estate, it would take on the meaning of the real estate agent or broker who, by their actions in producing a buyer, brought about the sale of a property.
Ohio courts have long favored arbitration as a means of resolving disputes between private citizens. The Ohio Supreme Court, over the course of many years, reflects the dedication of arbitration. Arbitration is favored because it provides the parties with a relatively expeditious and economical means of resolving a dispute.
REALTORS are required to arbitrate real estate commission disputes as a condition of membership in the REALTOR Association, rather than pursuing litigation in a court of law. Article 17 of the Code of Ethics describes those kinds of disputes that must be arbitrated.
Index
- Procuring Cause and Arbitration
- General Information on Procuring Cause
- The Effect of Buyer Agency on Procuring Cause
- Sample Fact Situations & Analysis
- Factors for Consideration by Hearing Panels
- Endnotes
Articles
- Legally speaking: Who's entitled to the commission? Figuring out procuring cause
(May 3, 2016, Ohio REALTORS Buzz) - Legally Speaking: I'm entitled to compensation right?
(June 15, 2015, Ohio REALTORS Buzz) - Legal Matters: Procuring Cause
(March 10, 2014, Ohio REALTORS Buzz)