What is an example of specific performance in contract law?

Specific Performance: Overview When a contract is for the sale of a unique property, for instance, mere money damages may not remedy the purchaser's situation. Example: Rina offers to buy Beth's house and Beth accepts, but later decides to keep the property. Real estate is considered to be unique.

How are damages measured in a substantial performance case?

Generally, damages that are awarded are for the work that is complete, which is the actual value of the service minus what it will cost to fix the mistake. If this isn't the appropriate remedy, then the party receiving the service or benefit must pay for the value of the service received.

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Mississippi Complaint for Damages and Declaratory Judgment

Damages With Specific Performance

Name: Damages With Specific Performance
Brand: US Legal Forms
Rating: 4.74 (234 reviews)

Category:

Mississippi Civil Actions - Defamation and Libel - Sample Case 1

State:

Mississippi

Control #:

MS-60558

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Description Mississippi Damages

The Complaint initiates a court action and is the first document (pleading) filed in a lawsuit, listing the accusations upon which the complaining party bases their request for relief, and the relief sought. This sample document, a Complaint for Damages and Declaratory Judgment, can be used as a model for drafting a similar complaint. Adapt to fit your own facts and circumstances. Available for download in standard format(s). USLF control no. MS-60558

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How to fill out Mississippi Damages Statement?

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Declaratory Judgment File Other Form Names

Damages Contract Damages File Damages Application Damages Online Ms Complaint Damages Ms Declaratory Declaratory Judgment Mississippi

Mississippi Damages Application FAQ

The Anglo-American rule (in theory) partitions the remedy into two mutually exclusive categories: cases where damages are adequate, in which case money is the exclusive remedy; and cases where damages are not adequate, in which case specific performance is the exclusive remedy.

Specific Performance: Overview When a contract is for the sale of a unique property, for instance, mere money damages may not remedy the purchaser's situation. Example: Rina offers to buy Beth's house and Beth accepts, but later decides to keep the property. Real estate is considered to be unique.

Generally, damages that are awarded are for the work that is complete, which is the actual value of the service minus what it will cost to fix the mistake. If this isn't the appropriate remedy, then the party receiving the service or benefit must pay for the value of the service received.

A specific performance example is when a party defaults on its contractual obligation and is ordered by the court to fulfill said obligations. An alternative to the much more common award of monetary damages, specific performance is an injunction on a contract dispute often involving sensitive material or real estate.

A contractual remedy in which the court orders a party to actually perform its promise as closely as possible, because monetary damages are somehow inadequate to fix the harm. Most commonly ordered in cases involving real property and rare chattels.

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8 percent of the total. The common law remedy of damages is available as of right, but it often proves inadequate.The entire price, not simply damages based on the difference between contract and market price. Specific performance will usually only be ordered where an alternative remedy, such as damages, is either unavailable or inappropriate. It allows the innocent party to claim a specific amount of money from the party in breach. Topic: The Contours Of Specific Performance Of Contract. This note explains the equitable remedy of specific performance of contracts.

Damages With Specific Performance

Description Mississippi Damages

Mississippi Declaratory Judgment Related forms

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How to fill out Mississippi Damages Statement?

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Declaratory Judgment File Other Form Names

Mississippi Damages Application FAQ

What is the difference between damages and specific performance?

What is an example of specific performance in contract law?

How are damages measured in a substantial performance case?

What is an example of specific performance?

What are specific performance damages?

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