Specific performance example. Specific Performance Definition 2019-01-27

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Example Performance Measures for Your Program or Service

specific performance example

If the item is unique, the buyer in breach will have to pay the full measure of lost profits, even if the seller covers. Specific performance, as opposed to damages, is an attractive but exceptional remedy when a unique thing has been sold and the other party refuses to honor his or her end of the bargain. As a general rule, specific performance is applied in breach of contract actions where monetary damages are inadequate, primarily where the contract involves land or a unique chattel. Such order are granted when damages are not an adequate remedy and in some specific cases such as which is regarded as unique. In such situations, the agency should present its report on performance in two parts. If you choose to seek specific performance as a remedy, you will likely not be also able to seek money damages. Flowers subsequently attempted to withdraw from the contract, but the Giants promptly filed it with the commissioner, who approved it on December 15.

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Specific Performance and Injunctions: Remedies for Breach of Contract

specific performance example

These should be treated in the same way as any other public health population indicator. Therefore, it is accordingly agreed that the Company shall be entitled to enforce specifically the terms and provisions of this Agreement, or to enforce compliance with, the covenants and obligations of the Purchaser, in any court of competent jurisdiction, and appropriate injunctive relief shall be granted in connection therewith. For example, a case where a party refuses to perform his or her part of a contract involving or a work of art may be candidates for specific performance. Scenario 4 Astro Computer Corp. Such damages will normally be assessed on the same basis as damages for breach of contract, namely to place the claimant in the position he would have been had the contract been carried out. The processes for controlling and deleting cookies vary depending on which browser you use. The Juvenile Justice agency can take the lead in assembling and working with a broad partnership.

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Specific Performance

specific performance example

To control cookies, most browsers allow you to either accept or reject all cookies, only accept certain types of cookies, or prompt you every time a site wishes to save a cookie. Specific performance is best understood by considering an example. To opt-out of being tracked by Google Analytics across all websites visit. However, while money works in most lawsuit cases, sometimes money is not adequate. A classic example of the clean hands doctrine involved Charles Flowers, an outstanding college football player who was drafted by the New York Giants and Los Angeles Chargers. At all times relevant to this action, each defendant, including those fictitiously named, was the agent, servant, employee, partner, joint venturer, or surety of the other defendants and was acting within the scope of said agency, employment, partnership, venture, or suretyship, with the knowledge and consent or ratification of each of the other defendants in doing the things alleged in this complaint. It is usually the opposite of a prohibitory , but there are mandatory injunctions that have a similar effect to specific performance.

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Specific Performance Example: Everything You Need to Know

specific performance example

But see Ceizyk, 21 Ariz. The seller accepts your offer, and you both sign the sales contract, with the closing to occur within several weeks. If you are a subscribed user, we will also collect your user preferences, such as the types of articles you would like to read. Further, the articles, discussion, commentary, forms and sample documentation contained in this website are offered as general guidance only and are not to be relied upon as specific legal advice. These options are only used in cases where money damages are either too difficult to calculate or are inadequate to remedy the harm done to the innocent party.

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Complaint for Specific Performance or Damages Based on a Contract to Convey Real Property

specific performance example

At , a claimant's rights were limited to an award of damages. It is most often encountered in the context of contracts for the sale and purchase of land. FreeAdvice® has been providing millions of consumers with outstanding advice, free, since 1995. These images are placed on a web page or email and typically work in conjunction with cookies to collect data. In the case of real estate transactions, the exact property is completely unique and the contract and price apply only to that specific property. Efficiency is only one type of measure in the upper right quadrant.

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What is

specific performance example

Effectiveness shares the stage with many other measures. A week after the attempted cancellation and 39 days after the agreed-upon closing date, the buyer tendered full performance. Money damages are a legal remedy. These courts exclusively granted equitable remedies, and the courts of law granted legal remedies. After Tucker breaches the contract, G. These should be treated in the same way as any other public health population indicator.


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What Is Specific Performance?

specific performance example

There may be times, however, where we are not able to fulfill your request, for example, if applicable law prohibits our compliance. Be careful to change the information the form asks for to fit the facts and circumstances of your case. Or perhaps your home inspector comes back with a report noting significant mold in the basement, which requires remediation. As I shared earlier, cases involving sale of goods like land are typically better remedied by monetary damages being recovered by the non-breaching party. No two homes or pieces of land are precisely alike, meaning that it is difficult for money to exactly approximate the loss faced by the non-breaching party. When she files her claim, she asks the court for a preliminary injunction that will keep Arty from selling the piece to Alfred for the time being.


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Specific Performance

specific performance example

After signing the contract, Andre informs Metro that he will not perform for them on December 31st. The relief of Specific Performance is an equitable relief which is usually remedial or protective in nature. For the following three case examples, we will only focus on specific performance as the available remedy: Scenario 1 Tarrington contracts to sell her house and lot to Rainier. Learning Outcome After watching this lesson, you should be able to define and discuss the two main equitable remedies for a breach of contract: specific performance and injunction. Let's say that Arty is an art dealer.

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Specific Performance Definition

specific performance example

The parties hereto agree that Buyer would suffer irreparable damage if for any reason Shareholder failed to perform any of such Shareholder's obligations under this Agreement, and that Buyer would not have an adequate remedy at law for money damages in such event. In such situations, the agency should present its report on performance in two parts. Note that specific performance and injunction remedies are similar, but the key difference is this: specific performance orders a party to do something, and an injunction orders a party not to do something. There are two main equitable remedies available for breach of contract. As explained in the discussion of the case of Charles Flowers, a court will deny specific performance if the plaintiff has acted in bad faith or fraudulently in the same transaction for which he is seeking relief. At the last minute, Edmund decides to keep his coin collection intact and refuses to deliver the coin to Juan. But what happens when monetary damages are inadequate to compensate the non-breaching party? So, for example, if Tucker orders a standard General Motors car that G.

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