Was Is Specific Performance?
Specific Performance Is a Specialized Remedy Used by Courts When No Other Remedy (Such as Money) Will Adequately Compensate the Other Party. If a Legal Remedy...
Specific performance is a specialized remedy used by courts when no other remedy (such as money) will adequately compensate the other party. If a legal remedy will put the injured party in the position he or she would have enjoyed had the contract been fully performed, then the court will use that option instead.
What specific performance means?
1 : the performance of a legal contract strictly or substantially according to its terms. 2 : an equitable remedy enjoining specific performance.
What does specific performance means in law?
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.