Specific Performance Remedies For Breach Of Contract. Specific performance is a specialized remedy used by courts when no other remedy such as money will adequately compensate the other party. Specific performance is an equitable remedy that compels one party to perform as nearly as practicable his or her duties specified by the contract.
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Specific performance is a court order requiring a party in breach or threatening to be in breach of a binding contract to perform their obligations under the contract. In a breach of contract case the court can consider ordering specific performance as long as the innocent party asks for that remedy. When the breaching party is found guilty of a material breach the wronged party can pursue specific performance as a remedy to the breach.
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Specific performance as a remedy for breach of contract in illinois entering into various different contracts with a multitude of parties is an essential part of doing business. Specific performance is an action to compel a party who breached a contract to perform the contract as promised. This ruling often happens when the subject matter of a contract is in dispute. App fort worth 2003 pet.
