You’ve spent months searching for the perfect home, investment property,or business location in Kansas City. You’ve negotiated terms, signed a contract, and made plans for the future. Then, out of nowhere, the other party backs out. Maybe the seller refuses to close the deal, or the buyer suddenly stops responding. Perhaps a hidden issue with the property was never disclosed. Whatever the case, you’re now left wondering—what happens next?
Real estate contracts are legally binding agreements, and when one party fails to uphold their end of the deal, the consequences can be stressful, costly, and time-consuming. But you don’t have to navigate this situation alone. At PathGuide Law, we help buyers, sellers, and investors protect their rights when a real estate contract is breached. Whether you need to enforce an agreement or seek financial compensation, knowing your legal options can make all the difference.
A breach of contract occurs when one party fails to meet their obligations under the terms of the agreement. In real estate, this can take many forms, including:
Because real estate transactions involve significant financial investments, Missouri law provides clear legal remedies when a breach occurs.
If you are dealing with a contract breach, there are several ways to resolve the issue:
1. Specific Performance – Forcing the Sale or Purchase: Sometimes, financial damages or compensation isn’tenough—especially when it comes to unique properties or high-value deals. In Missouri, a court may order specific performance, meaning the breaching party is legally required to follow through on their original agreement. This may apply in real estate cases, as no two properties are exactly alike.
2. Monetary Damages – Recovering Your Losses: If you’ve suffered financial harm due to a breach, you may be entitled to compensation. Monetary damages can cover:
Missouri law also allows for liquidated damages—that is, pre-agreed financial penalties written into the contract. If your contract includes this clause, the breaching party may owe you a set amount of money for failing to comply.
3. Rescission – Cancelling the Contract: In some cases, it makes more sense to walk away. If a major breach occurs, you may have the right to rescind (cancel) the contract and be restored to your original position. This allows both parties to move on without further obligations.
While legal remedies exist, prevention is always better than a lawsuit. If you’re entering a real estate deal, consider these steps to avoid future disputes:
When a dispute arises, having the right legal team can make all the difference. At PathGuide Law, we help buyers, sellers, and investors:
Whether you want to enforce a contract, recover damages, or explore other legal options, we are here to help.
A real estate contract breach doesn’t have to derail your plans. If you’re dealing with a broken agreement in Kansas City, don’t wait—reach out to PathGuide Law today. Our experienced real estate attorneys will assess your case, explain your options, and help you take the best course of action.