The Real Estate Encyclopedia
What Is Breach Of Contract?
Category - Home Buying Questions - Buying Legal & Closing FAQ's

Violation of any of the terms or conditions of a contract without legal excuse; default; or non-performance.  The non-breaching party can usually seek one of three alternative remedies upon a material breach of the contract: rescission of the contract, action for money damages or an action for specific performance. 

 
Category(s)
Home Buying Questions - Buying Legal & Closing FAQ's
Home Buying Questions - General Home Buying FAQ's
Home Selling Questions - General Home Selling FAQ's
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