What is a breach of contract in a real estate dispute?

A breach of contract in a real estate dispute is when one party does not fulfill the obligations that were outlined in the contract between them and the other party. In South Carolina, contract law is governed by the South Carolina Code of Laws. According to the Code, a breach of contract occurs when one party does not perform their obligations as outlined in the written contract. This could be something like a buyer failing to make timely payments, or a seller not providing the promised goods or services. When a contract is breached, the injured party may be entitled to seek compensation. Depending on the type of breach, a party may be entitled to financial damages, such as the cost of repairs or additional expenses that were incurred as a result of the breach. In extreme cases, the court may even order the breaching party to fulfill their contractual obligations. In a real estate dispute, a breach of contract often results in more drawn-out, costly litigation than other types of disputes. It is important to remember that every real estate dispute is unique, so it is essential to have an experienced real estate attorney on your side to help you understand your rights and navigate the court system. An experienced attorney can also help ensure that you are adequately compensated for any damages that may result from the breach of contract.

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