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In order to show that the other party breached the contract, you must be able to show all of the following: a valid contract existed, you performed (or would have performed if not for the breach) your end of the contract while the other side did not perform, and that you suffered a loss as a result of the breach.
Maryland law and the standard real estate contract in Maryland include many contingencies. As an example, a buyer may choose to unilaterally terminate the contract if the home does not appraise for the loan amount and the buyer cannot make up the difference.
The Office of State Procurement (OSP) was established on October 1, 2019 and is the primary procurement unit for all delegated procurements from the Board of Works except for transportation and transportation-related procurements and otherwise exempt procurements.
You usually cannot cancel a contract, but there are times when you can. You can cancel some contracts within certain time limits. Some contracts must tell you about your right to cancel, how to cancel them, and where to send the cancellation notice.
In most cases, there is no cooling off period after signing a contract. However, there are a few exceptions. The Federal Trade Commission's (FTC) Cooling-off Rule applies to purchases made at your home (e.g., door-to-door sales) or at locations that are not the seller's permanent place of business.
A contract consists of a legally binding agreement or promise between parties. The agreement must be voluntary and made by competent parties. The promise or agreement must be supported by an exchange of something of value (e.g., goods or services). This exchange must be legal.
Generally, there's no cooling-off period after you sign a contract. (In Maryland, only a few types of transactions, such as door-to-door sales contracts, allow you a certain number of days to cancel.)