Contracts
In a North Dakota real estate transaction, 'specific performance' means a court orders:
AThe buyer to pay damages instead of closing
BThe defaulting party to perform the contract as agreed✓ Correct
CThe contract to be voided
DThe broker to return the commission
Explanation
Specific performance is an equitable remedy in which a court orders the defaulting party to perform the contract as written. In real estate, it is often sought because each parcel is considered unique.
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