The Texas Comptroller's office has resources on binding arbitration for property owners and arbitrators. Arbitration works a lot like an actual trial.The arbitrator will hear both sides of the dispute. Arbitrators desiring to be included on the Arbitrator Registry must apply using the online arbitration system. Binding arbitration is a process in which a neutral third party, called an arbitrator, is used to resolve disputes between two or more parties. Arbitration is a commonly used form of alternative dispute resolution (ADR). Binding arbitration is an alternative to filing an appeal and typically ensures a faster resolution in a less formal setting.