Contracts
A Massachusetts seller and buyer enter a P&S with a closing date of June 15. The seller fails to close by that date. What remedy is available to the buyer?
AOnly the return of the deposit
BSpecific performance, requiring the seller to close✓ Correct
CDouble the deposit as a penalty
DNo remedy if the seller's reason is legitimate
Explanation
Massachusetts courts may grant specific performance in real estate contracts because each property is unique. The buyer can sue to compel the seller to complete the sale, in addition to other remedies.
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