ContractsBreach_and_remediesMEDIUM
Why is specific performance more commonly granted for real estate contracts than for other types of contracts?
Correct Answer
A) Because each piece of real property is considered unique and money damages may not be adequate
Real property is considered unique, so money damages may not adequately compensate a party who wanted that specific property, making specific performance the appropriate remedy.
Answer Options
A
Because each piece of real property is considered unique and money damages may not be adequateB
Because real estate contracts are always oralC
Because the court always favors sellers over buyersD
Because liquidated damages are prohibited in real estateWhy This Is the Correct Answer
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Related Topics & Key Terms
Key Terms:
breach_and_remediescontractsspecific_performanceuniqueness
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