Contracts

What is specific performance as a remedy in a real estate contract dispute?

AMonetary damages for breach
BA court order requiring the defaulting party to fulfill the contract✓ Correct
CCancellation of the contract
DReturn of earnest money only

Explanation

Specific performance is an equitable remedy where a court orders the breaching party to complete the contract. It is particularly suited for real estate because each parcel is unique and monetary damages may be inadequate.

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