A contract is an agreement offered by one party and accepted by another. Contracts are almost always written documents in Virginia, but it is not impossible to have an exclusively oral contract. Breach of Contract is when a contract is not fulfilled by one or more parties. In the course of business, a party might choose not to live up to its bargain, and in some situations it may even be impossible to do so. The consequences for a breach of contract are decided by the circumstances. Often, the party at fault will pay the other for the loss caused by the breach.
What If Someone Fails to Honor Their End of the Contract in Tazewell
Breaches of contract in Tazewell are usually handled by the party who breached paying the other party monetary damages. The exact amount of damage awards, however, is often a matter of disagreement. Courts might be used to resolve disagreements that the parties cannot negotiate privately. In the course of the case, the courts will require that the initial complaint state the amount of damages suffered.
What If I Can
Occassionally a monetary award will not help, and in such cases courts in Tazewell, Virginia might grant injunctions that require the party at fault to perform its obligations. You should consider whether this kind of remedy suits your situation, and if it does, the concern must be plead properly to the court so that it can consider the question. Not every breach of contract involves someone doing something wrong. Courts recognize this, and aside from the question of whether a violation of a contract actually occurred, when and how the agreement was breached are also factors in Virginia contract law.
How Can an Attorney Help?
If intending to breach a contract, a party must proceed cautiously in letting the other party know. Statements of intent to breach a contract may be taken as wrong doing if they are voiced improperly. It is important to be aware of how Virginia law may impact your case when fulfilling a contract becomes impractical. Tazewell, Virginia Disputes in contract law can involve complex questions of timing, and so you should consult an Lawyer as soon as you suspect that a contract has been violated. Lawyers specializing in contractual breach in the Tazewell, Virginia area may advise you about how best to proceed.