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South Carolina Breach of Contract laws

HomeBreach of ContractSouth Carolina Breach of Contract laws

Alike other states of the USA, South Carolina also has laws that address breach of contract.

Breach of contract

A breach of contract refers to an action that violates the terms of a contract or does not fulfill of a promise or performed accordingly as agreed upon in the agreement.

  • The damages arising from the breach of contract are referred as economic losses.
  • The defaulting party is required to compensate the other party to the contract by paying general damages or completing specific performance of the contract.
  • The specific performance should in line with the original promise as made in the contract.

Timeframe to file petition

According to South Carolina breach of contract laws, the non-breaching party can file petition for the remedy of breach of contract within 3 years of finding about breach of contract.

Exemptions

In South Carolina, it shouldn’t be considered as a breach of contract if

  • There is any changes in the contract and both parties agree to it.
  • One party deviates from the contract and other party agrees to it.  

NOTE:  For clear and better understanding of South Carolina breach of contract laws, it is suggested to talk to an experienced lawyer.

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