The aim of an arbitration is the extrajudicial agreement of two or more conflicting parties. Mostly these conflicts are created by non-fulfillment or poor-fulfillment of contractual obligations - may this be a repair which had been done unsatisfactory or too expensive, or the just bought preowned yacht is not as free of defects as the sales contract had promised. An arbitration functions much faster and is much cheaper than a court trial. Beeing executed by a yacht surveyor it guarantees a qualitatively high-grade and for all parties concerned satisfactory solution.
The way towards this solution divides into following steps:
1. Presentation of all relevant documents to the arbitrator
The decision of the arbitrator is binding and excludes any further course of law.
2. Inspection of the conflictive object by the arbitrator
3. View of the conflictive object with both parties (together or separat)
4. Edition of the survey report with arbitration