Web8 Jul 2015 · They can sue for specific performance. This is an order from the court specifically directing the party in default to carry out its obligations under the contract. This remedy is only available in cases where damages will not provide proper compensation for the breach of contract, such as contracts involving the sale of land. ... Web11 Jul 2024 · A $44 billion deal dwarfs past cases that have come down to specific performance clauses. And unlike in the Tyson deal, Musk is relying on external financing …
Can I sue a buyer for specific performance - Avvo
Web23 Oct 2024 · Filing a lawsuit for breach of contract; Keeping the initial earnest money deposit and subsequently terminating the contract; and Bringing a suit for specific performance. If both buyer and seller believe they are entitled to the money after a breach, the seller can sue for breach of the real estate contract. WebThe answer is all of these can be done. The buyer and seller can agree to change the contract, but the buyer could still terminate because she cannot get the financing. A buyer … buy bulk nuts and seeds online
Specific Performance - Definition, Examples, Cases, Processes
Web16 Jan 2024 · Courts will enforce specific performance only if the underlying contract was fair and equitable. Other commodities that courts have found to support specific … Web10 Nov 2024 · Specific performance is a unique concept in real estate litigation where the buyer, but rarely the seller, can sue his or her counter-party to go through with the transaction per the contract. This concept of specific performance is seen in real estate because often times the amount of damages from a breach of contract by the seller is not … Web11 Jun 2024 · In this situation, you might be able to seek specific performance. 3. Check if the contract is valid. Before you can sue, you need to know whether your contract is valid. Real estate contracts, for example, contain many “contingencies.”. These are conditions which must be met before the real estate contract is valid and binding. buy bulk office supplies folding chair