Breach of contract: This is one of the most common reasons most construction contracts end. If one party fails to fulfill their contractual obligations, the other party usually has a right to terminate without consequences. A breach of contract may be referred to as a material breach or repudiatory breach.
Offer and Acceptance: One party must make an offer, and the other must accept it. Mutual Consent: Both parties agree to the terms without coercion. Contract law often refers to this condition as a "meeting of the minds." Competence: The parties must have the legal capacity to agree.
A properly formatted contract will typically have copy that is left-aligned and single-spaced. If the contract is long or has multiple sections, a table of contents should be included to make it easier to review.