Breach of Contract

A "contract" is a legally enforceable promise, either made in writing or orally. "Breach of contract" means failing to perform any term of a contract without a legitimate legal excuse. A person interest in real estate is usually required to be in writing. Because so much of real estate involves contracts, it is not uncommon for a real estate dispute to include a claim for “breach of contract”.

A breach of contract in legal terms amounts to a broken promise to do or not do an act. A "breach" can occur at a single point in time or be a series of continuing breaches. If a party prevails on a claim for breach of contract, the Court would likely grant a judgment that would place the injured party in the position they would be in if the breach were not to have occurred.