Contracts
In Arizona, 'specific performance' as a remedy for breach of a real estate contract:
AIs never available in Arizona for real estate contracts
BMay be awarded by a court requiring the breaching party to complete the transaction, since each parcel of real property is considered unique and monetary damages may be inadequate✓ Correct
CIs only available to sellers, not buyers
DRequires that the non-breaching party have suffered more than $100,000 in damages
Explanation
Because real property is unique, courts may award specific performance—ordering a party to fulfill their contractual obligations—when monetary damages are inadequate. Both buyers and sellers can seek specific performance in Arizona. However, courts have discretion in granting this equitable remedy.
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