Semler & Associates P.C.
Real Estate and Tax Lawyers in Denver, Colorado
Semler & Associates, P.C. is a civil law practice with
an emphasis on Colorado real estate law, litigation
and business services. Our commercial practice
represents entrepreneurial concerns of all sizes and
offers a broad spectrum of arbitration, litigation,
insurance, real estate, natural resources, land use,
corporate and business services.We also represent
individuals regarding residential real estate
transactions; access, easement and boundary
disputes; personal injury and wrongful death;
probate disputes and attorney malpractice. If you
have any questions about the service we provide,
please click the button above to request more
information about your specific needs.
Breach of Contract Lawyers in Denver, Colorado
Contract Law Firm In Denver Colorado
A contract is a promise between two, or more parties outlining certain arrangements for each party to complete, or refrain from, and is considered a
legally binding agreement. Contracts have three components: the offer, the acceptance, and the consideration which is the value of the contract.
Contracts require the essential terms of the agreement to be stated in the offer, such as a price, designated amount of time for performance
completion, and any other essential conditions focused on the type of transaction involved, such as business, employment, real estate, etc. Colorado
requires certain contracts to be in writing under Colorado Revised Statutes, Section 38-10-112, or they are considered void agreements, stating that:
•
Every agreement that by the terms is not to be performed within one year after the making thereof,
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Every special promise to answer for the debt, default, or miscarriage of another person,
•
Every agreement, promise, or undertaking made upon consideration of marriage (prenuptial and post-nuptial agreements), except mutual
promises to marry.
The Colorado statute of frauds also supports voided contracts for leases longer than one year, or transfers of real estate, unless the agreements are
written. The burden of proving that written contracts exist occurs when a statute of frauds defense is raised by a defendant in a breach of contract
case. Parties to a contract should talk to breach of contract lawyers in Denver to ascertain if they have a case for action to settle the breach of an
existing contract in accordance with Colorado laws.
•
Oral contracts. Oral contracts can be enforced, despite the statute of frauds in cases where part performance is substantial. A contract does
not have to be in writing.
•
Express contracts. An express contract is a promise by which terms are agreed upon by parties who agree to be bound by it through an oral, or
written agreement, or combination of both at the time the promise is made.
•
Implied contracts. An implied contract exists even when the terms of the agreement are not clearly stated because parties to the contract
assumed a contract existed – implied-in-fact contract, or unjust enrichment to one of the parties would result if the contract’s existence was
denied – implied-in-law contract.
Contract Breach Law Firm In Denver Colorado
Parties to a contract can take legal action and sue a defendant for breach if:
1.
The defendant entered into a contract with the plaintiff to provide services, or goods as outlined in the contract,
2.
The defendant failed in their performance to provide the services, or goods as outlined in the contract, and/or failed to justify why they could
not perform the outlined terms of the contract,
3.
The plaintiff performed, or complied with their agreed upon portion of the contract, but the defendant did not,
4.
The plaintiff experienced losses because of the lack of performance, or breach of the contract by the defendant.
Recoverable Damages.
Plaintiffs who succeed in a breach of contract claim in a Colorado court can pursue damages for monetary amounts that would make them whole
again. It is important to understand that a plaintiff can only recover economic damages based on the specific terms of the contract in Colorado’s
“economic loss” rule.
Value of Denver Breach of Contract Attorneys.
The legalities involved in the enforcement of contracts are based on the specific language outlined in the legal document, and any ability for parties
to waive certain restrictions that may alter the performance and deliverables required to complete the contract. Hiring a Denver breach of contract
attorney to look at all of the pertinent documents is necessary before deciding on a court action in a Denver breach of contract case.