A Contract Breach Notice is a formal communication sent by one party to another to notify them that they have failed to fulfill their obligations as outlined in a contract. It serves as a written notification of the breach and often initiates the process of resolving the dispute or addressing the non-performance according to the terms of the contract and applicable laws.
Sending a Contract Breach Notice is often a precursor to further legal action if the breach is not resolved through negotiation or other means of dispute resolution. It is important to ensure that the notice is drafted accurately, clearly, and in accordance with the terms of the contract and applicable laws to strengthen the sender’s position in any subsequent legal proceedings.