Contracts
Specific performance is a legal remedy in Vermont real estate that requires:
APayment of monetary damages for breach
BThe breaching party to perform their contractual obligations as agreed✓ Correct
CCancellation of the contract without penalty
DReturn of the earnest money only
Explanation
Specific performance is an equitable remedy compelling a party to fulfill their contractual obligations exactly as agreed. It is particularly applicable in real estate because each parcel is considered unique.
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