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Maine Breach of Contract laws

HomeBreach of Contract MaineMaine Breach of Contract laws
Posted by admin | ,  |

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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