specific performance

(redirected from Right to Specific Performance)
Also found in: Dictionary, Thesaurus, Legal, Wikipedia.

specific performance

A court order requiring one to comply with the terms of his or her contract rather than the typical legal remedy of paying monetary damages for breach of contract.Real estate is considered unique,and the theory is that a buyer can never take money damages,go out into the marketplace,and replace the property when a seller defaults.As a result,the law gives to the buyer of real estate the remedy of specific performance.Under very exceptional circumstances a court has been known to grant specific performance to a seller and force a buyer to go forward with purchasing real estate.