The Maine breach of contract Laws prescribes that all contracts about selling 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 make in writing.
- A breach of contract occurs when either the party fails to endure the performance of obligations until the completion of the contract period.
- Breach of contract classifies into major and minor, where the court will award the compensation depending on the severity of the loss suffered by the aggrieved party.
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