Contracts
Under NH contract law, if a seller refuses to close on the agreed date without legal justification, the buyer's legal remedy may include:
AOnly a refund of the earnest money deposit
BSpecific performance, requiring the seller to convey the property✓ Correct
CMonetary damages only, not specific performance
DAutomatic termination of the contract with no further rights
Explanation
Real property is considered unique; therefore, monetary damages alone may be inadequate. A buyer can seek specific performance—a court order requiring the seller to complete the sale as agreed. This is an equitable remedy available in NH courts for real estate contract breaches.
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