Define opportunity. opportunity synonyms, opportunity pronunciation, opportunity translation, English dictionary definition of opportunity. n. pl. opÂ·porÂ·tuÂ·niÂ·ties 1. A favorable or advantageous circumstance or combination of circumstances. 2. A chance for progress or advancement, as in a...
Share on Google Plus. Breaches of real estate contracts occur when one party fails to perform a contract provision. Buyer breaches include not meeting a loan or physical inspection. Seller breaches may include failing to deliver clear title or statutory disclosures. The parties must follow the method of dispute resolution contained in the contract to resolve contract breaches.
The claims of both the private contractor and the government agency that is the party to the contract are subject to the contracting officer's decision. If the private contractor is not satisfied with the decision, she moves to the next step and has two choices. Related Reading: Breach of Real Estate Contract Remedies.ometimes the federal government breaches its contracts and doesn't pay for goods and services provided by individuals and businesses. Federal law permits private parties to sue the United States government for breach of contract.