Contracts
What is 'anticipatory breach' of contract in Idaho real estate?
AA breach that occurs at closing
BWhen a party clearly communicates before performance is due that they will not perform their contractual obligations✓ Correct
CA breach that is anticipated but has not yet occurred
DBreaching a contract by delaying performance
Explanation
Anticipatory breach (also called anticipatory repudiation) occurs when a party clearly indicates — before performance is due — that they will not perform. In Idaho real estate, if a buyer tells the seller two weeks before closing 'I'm not going through with this purchase,' the seller may treat it as an immediate breach and pursue remedies without waiting until the scheduled closing date.
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