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.
ïµ A breach of trust action is essentially a breach of contract action in which the âcontractâ is the trust itself. This is not to be confused with the trusteeâs breach of the beneficiariesâ trust, which is a breach of fiduciary duty and/or constructive fraud claim.