Commercial law varies from state to state and can be quite confusing if you have relatively little experience in business litigation. Everything from purchasing real estate to the foreclosure process is governed by certain types of legislation that can feel overwhelming to many.
Certainly, when contract breaches are involved, which is a common occurrence in commercial law, each party involved might feel in the right, resulting in more confusion and potential financial burdens. In order to successfully claim breach of contract, the plaintiff in any real estate law case must prove four things:
- The actual formation of an enforceable contract
- Proof that the plaintiff performed the designed duties outline in the enforceable contract
- Proof that the defendant breached a part of the contract
- Proof that the defendant's breach resulted in some form of actual damages
Unless a party understands its contractual and statutory rights, that party will find it difficult to effectively pursue a claim for breach of contract.
If you would like to know what contractual and statutory rights you have, please contact the Law Office of Tony M. May, P.C.