A mediation agreement is a legally binding document that is created at the end of a successful mediation process. It is a written agreement that outlines the terms and conditions that the parties have agreed upon during the mediation process.
The mediation agreement is a contract between the parties involved in the mediation process, and it sets out the terms of the agreement in clear and concise language. The agreement will typically include details about the issue that was being mediated, the terms of settlement, and any other conditions that are necessary for the parties to resolve the dispute.
The agreement may also include provisions for enforcement, such as an arbitration clause or a provision for court enforcement. If the parties do not abide by the terms of the agreement, it can be enforced through legal means, such as a court order.
Overall, a mediation agreement is a useful tool for resolving disputes without the need for legal action. It provides a clear and concise basis for the settlement of disputes, and can help prevent further conflict in the future.
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