Contracts
In Oregon, the doctrine of specific performance allows a party to a real estate contract to:
AReceive monetary damages equal to the expected profit from the transaction
BCompel the other party to actually complete the sale of the property as agreed✓ Correct
CVoid the contract and receive triple damages
DDemand that the seller perform repairs before closing
Explanation
Specific performance is an equitable remedy — rather than money damages, the court orders the breaching party to actually perform the contract. In real estate, courts often grant specific performance because each parcel is considered unique and money damages may be inadequate.
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