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When Can Property Contracts Be Legally Breached?

real estate attorneys Los AngelesCalifornia’s Statute of Frauds requires three types of contract to be written. First, leases that last longer than a year. Second, commission agreements between real estate licensees and principles. Third, real estate sales contracts. Each of these contracts serves an important purpose. Namely, they protect both parties from negative repercussions. In extreme cases, though, the law will provide for either party to break these contracts without facing legal implications.

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