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With regard to determining the base rent for a renewal term, how does baseball arbitration differ from other forms of arbitration? In baseball arbitration the
With regard to determining the base rent for a renewal term, how does baseball arbitration differ from other forms of arbitration? In baseball arbitration the role of the arbitrator is to select which of the two proposals, i.e., landlord's proposal and subtenant's proposal, most closely approximates the arbitrator's approximation of the fair market rental amount for the premises. In baseball arbitration, the arbitrator has no right to propose a middle ground or any modification of either of landlord's or subtenant's proposed amount of base rent for the premises. In baseball arbitration the role of the arbitrator is to select which of the two proposals, i.e., landlord's proposal and tenant's proposal, most closely approximates the arbitrator's approximation of the fair market rental amount for the premises. In baseball arbitration, the arbitrator has a right to either propose a middle ground or a modification of either of landlord's or tenant's proposed amount of base rent for the premises. In baseball arbitration the role of the arbitrator is to select which of the two proposals, i.e., landlord's proposal and broker's proposal, most closely approximates the arbitrator's approximation of the fair market rental amount for the premises. In baseball arbitration, the arbitrator has no right to propose a middle ground or any modification of either of landlord's or broker's proposed amount of base rent for the premises. In baseball arbitration the role of the arbitrator is to select which of the two proposals, i.e., landlord's proposal and tenant's proposal, most closely approximates the arbitrator's approximation of the fair market rental amount for the premises. In baseball arbitration, the arbitrator has no right to propose a middle ground or any modification of either of landlord's or tenant's proposed amount of base rent for the premises
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