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Puerto Rico Breach Of Contract Legal Questions

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1 legal question has been posted about breach of contract by real users in Puerto Rico. Ask your question and dive into the knowledge of attorneys who handle your issue regularly. Similar topics to explore also include contracts. All topics and other states can be accessed in the dropdowns below.

We are in contract on a small house in Mayaguez. We close tomorrow and found we cannot live in its unsafe area. What happens if we breach.

Answered 8 years and a month ago by attorney Bruce Robins   |   1 Answer
Bruce Robins
if you breach the contract, you will be liable for the damages caused by the breach.  If the bank can sell the house, it would be the difference between the price it gets and what you agreed to pay, plus interest, as well as any costs the bank incurred preparing for the closing  Also, I would assume that the contract includes an attorneys fees provision making the breaching party responsible for the other's attorneys' fees in litigating the case.  If the bank is unable to sell the house, you would be responsible for the entire purchase price, minus the fair market value of the house.... Read Answer
if you breach the contract, you will be liable for the damages caused by the breach.  If the bank can sell the house, it would be the difference... Read Answer

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