Contracts
An anticipatory breach of a Georgia real estate contract occurs when:
AA party breaches on the closing date
BA party announces before the performance date that they will not fulfill their contractual obligations✓ Correct
CBoth parties agree to modify the contract
DA contingency is not satisfied
Explanation
Anticipatory breach (repudiation) occurs when one party clearly communicates before the performance date that they will not fulfill their obligations. The non-breaching party can treat this as an immediate breach.
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