This form is used by a Landlord to provide a residential tenant with 5 days Notice to remedy a breach in the lease agreement, in accordance with the laws of your state. (Note: If a written agreement provides for a longer notice, use the notice length stated in the agreement). "Non-Residential" includes commercial, industrial, etc. property. The Tenant is informed that the Tenant must either remedy the breach or suffer possible termination. If he does not remedy the breach within the 5 day period, Landlord may begin eviction proceedings. For additional information, see the Law Summary link.
Remedy Breach Of Contract
State:
Nevada
Control #:
NV-1234LT
Format:
Word;
Rich Text
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FAQ
Compensatory damages: This is the most common breach of contract remedy. When compensatory damages are awarded, a court orders the person that breached the contract to pay the other person enough money to get what they were promised in the contract elsewhere.
Types of Remedies for Breach of ContractCompensatory Damages. An award of compensatory damages is the most common of the legal remedies for breach of contract.Specific Performance.Injunction.Rescission.Liquidated Damages.Nominal Damages.
Five remedies for breach of contract include: Award of Damages, Restitution, Rescission, Reformation, and Specific Performance.
A remedy is a form of court enforcement of a legal right resulting from a successful civil lawsuit.
Monetary awards (called damages), specific performance, and restitution are the three principle remedies.
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An innocent party may only recover an advance payment if therehas been a total failure of consideration. This is aquasi-contractual remedy.Often, the legal remedy for a breach of contract claim will include an award of damages. The primary legal remedy for breach of contract is damages, or financial compensation. Equitable remedies for breach of contract are available when legal remedies won't make the nonbreaching party whole. When a party sues for breach of contract, the court may do several different things.