This form is a contract for a lease and a manadatory purchase of real estate. Seller demises and leases to purchaser and purchaser takes and rents from seller certain real property described in the form. Purchaser agrees not to use or permit the use of the property for an illegal purpose. An auction, fire or going out of business or bankruptcy sale, may not be conducted in the property without prior written consent of the seller.
Connecticut Contract for the Lease and Mandatory Purchase of Real Estate - Specific performance clause
State:
Multi-State
Control #:
US-00120
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Contract For The Lease And Mandatory Purchase Of Real Estate - Specific Performance Clause?
US Legal Forms - one of the largest collections of legal documents in the USA - provides a broad selection of legal document templates that you can download or print.
Using the website, you can discover thousands of forms for business and personal needs, sorted by categories, states, or keywords. You can retrieve the latest versions of documents such as the Connecticut Contract for the Lease and Mandatory Purchase of Real Estate - Specific performance clause within seconds.
If you already possess a subscription, Log In to acquire the Connecticut Contract for the Lease and Mandatory Purchase of Real Estate - Specific performance clause from the US Legal Forms library. The Acquire button will appear on every document you view. You have access to all previously downloaded forms in the My documents tab of your account.
Proceed with the payment. Use your credit card or PayPal account to finalize the purchase.
Choose the format and download the form to your device. Make edits. Complete, modify, print, and sign the downloaded Connecticut Contract for the Lease and Mandatory Purchase of Real Estate - Specific performance clause. Each template added to your account does not expire and is yours indefinitely. Therefore, if you wish to download or print another copy, simply navigate to the My documents section and click on the form you need. Access the Connecticut Contract for the Lease and Mandatory Purchase of Real Estate - Specific performance clause with US Legal Forms, the most extensive collection of legal document templates. Utilize a vast array of professional and state-specific templates that satisfy your business or personal needs.
- Make sure you have chosen the correct form for your city/state.
- Click the Review button to evaluate the form's details.
- Review the form summary to confirm that you have selected the appropriate form.
- If the form does not meet your requirements, use the Search box located at the top of the screen to find one that does.
- If you are satisfied with the form, validate your choice by clicking the Get now button.
- Then, select the pricing plan you prefer and provide your credentials to register for an account.
Form popularity
FAQ
In summary, specific performance is an equitable remedy that is available when a party to a sales contract for real property is harmed by the other party's nonperformance.
Specific performance is an equitable remedy in the law of contract, whereby a court issues an order requiring a party to perform a specific act, such as to complete performance of the contract.
In summary, specific performance is an equitable remedy that is available when a party to a sales contract for real property is harmed by the other party's nonperformance.
Requirements for Specific Performance: Courts will enforce specific performance only if the underlying contract was fair and equitable. It is up to the plaintiff to demonstrate that the contract was an appropriate one, legal, with each party receiving fair consideration for performance.
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.
An equitable remedy to compel a party to perform the specific terms of a contractual provision, rather than simply pay monetary damages as compensation for a breach.
Specific performance is an order of the court requiring a party to a contract to perform their obligations under the contract. Before the court makes an order for specific performance, a party must establish that there is a binding contract on foot and that the other party has breached.
Specific Performance: Overview When a contract is for the sale of a unique property, for instance, mere money damages may not remedy the purchaser's situation. Example: Rina offers to buy Beth's house and Beth accepts, but later decides to keep the property. Real estate is considered to be unique.
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.