Dispute Resolution
Explore how Luceed manages disputes by securely holding funds while parties resolve disagreements through mutual agreement, mediation, or legal determination.
While escrow transactions are designed to minimize risk, disputes may occasionally arise when parties disagree about whether transaction conditions have been satisfied.
Luceed provides a structured dispute resolution framework to ensure that funds remain secure while parties work toward a resolution.
Neutral Position
Luceed acts as a neutral escrow holder and does not determine which party is correct in a contractual disagreement.
Instead, Luceed ensures that:
Funds remain securely held.
No party can unilaterally access escrow funds
Release occurs only when resolution conditions are met.
When Disputes Occur
Common reasons for disputes may include:
Delivery issues
Product quality disagreements
Milestone completion disputes
Contractual interpretation differences
When a dispute is raised, the transaction is placed under review.
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