Specific performance
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.
Definition from Nolo’s Plain-English Law Dictionary
A contract remedy provided by a court that orders the losing side to perform its part of an agreement rather than, or possibly in addition to, paying money damages to the winner. Generally required in cases of unique goods, for example artwork or antiques.
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:24 pm
