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What is specific performance in a NC offer to purchase contract?
Published November 12, 2010
Question by doncon60: What is specific performance in a NC offer to purchase contract?
Best answer:
Answer by HMMMMMM
In the event of default on the part of a buyer or seller.
The damaged party may request ‘specific performance’ via a arbitration, mediation or a court proceeding.
In a real estate contract this usually refers to a remedy that includes the fufillment of the sale & purchase contract.
I am not a lawyer and I have not read your agreement.
What do you think? Answer below!
Posted in Music Contract Information | Tagged Contract, offer, Performance, purchase, specific