Contracts
What is 'substantial performance' in a Delaware real estate contract?
APerformance of only the most important contract terms
BNear-complete performance of contractual obligations where minor deviations do not constitute breach but may give rise to claims for damages for the shortfall✓ Correct
CPerformance that substantially exceeds the contract requirements
DA performance standard applied to construction contracts only
Explanation
Substantial performance means the party has materially fulfilled their obligations with only minor deviations. The contract is considered performed, though the other party may claim damages for the value of the deficiency. The doctrine prevents forfeiture over trivial imperfections.
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