Contracts
In Florida, 'specific performance' as a remedy in a real estate contract dispute means:
AThe court orders payment of monetary damages equal to the property value
BThe court orders the defaulting party to fulfill the terms of the contract✓ Correct
CFREC revokes the broker's license for facilitating the dispute
DThe earnest money is automatically doubled
Explanation
Specific performance is an equitable remedy where a court orders the breaching party to fulfill their contractual obligations. In real estate, this typically means ordering the seller to convey the property or the buyer to complete the purchase, since each property is considered unique.
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