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Maine Breach of Contract laws

HomeBreach of Contract MaineMaine Breach of Contract laws

The Maine breach of contract Laws prescribe that all contracts in relation to selling of houses and structural renovations exceeding $3,000 have to be in written format to be legally enforceable.

  • All contracts extending beyond a period of one year should also be made in writing.
  • A breach of contract occurs when either of the party fails to endure the performance of obligations until the completion of the contract period.
  • Breach of contract is classified into major and minor where the compensation will be awarded by court depending on the severity of the loss suffered by the aggrieved party.

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