Contracts
In Vermont, specific performance as a remedy for breach of a real estate contract means:
AThe court orders the breaching party to pay double the earnest money
BThe court orders the breaching party to actually perform the contract — complete the sale✓ Correct
CThe court appoints a receiver to sell the property at auction
DThe court awards the non-breaching party monetary damages
Explanation
Specific performance is an equitable remedy where a court orders the breaching party to actually perform their contractual obligations — completing the real estate transaction. It is available because real estate is considered unique and monetary damages may be inadequate.
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