Idaho 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

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.

Free preview
  • Preview Contract for the Lease and Mandatory Purchase of Real Estate - Specific performance clause
  • Preview Contract for the Lease and Mandatory Purchase of Real Estate - Specific performance clause
  • Preview Contract for the Lease and Mandatory Purchase of Real Estate - Specific performance clause
  • Preview Contract for the Lease and Mandatory Purchase of Real Estate - Specific performance clause
  • Preview Contract for the Lease and Mandatory Purchase of Real Estate - Specific performance clause
  • Preview Contract for the Lease and Mandatory Purchase of Real Estate - Specific performance clause
  • Preview Contract for the Lease and Mandatory Purchase of Real Estate - Specific performance clause
  • Preview Contract for the Lease and Mandatory Purchase of Real Estate - Specific performance clause
  • Preview Contract for the Lease and Mandatory Purchase of Real Estate - Specific performance clause

How to fill out Contract For The Lease And Mandatory Purchase Of Real Estate - Specific Performance Clause?

Selecting the appropriate official document format can be a challenge.

Of course, there are numerous templates available online, but how do you get the authentic version you require.

Make use of the US Legal Forms website. The service offers a vast array of templates, including the Idaho Contract for the Lease and Mandatory Purchase of Real Estate - Specific performance clause, which you can utilize for business and personal purposes.

You can browse the template using the Preview option and review the form summary to confirm it is suitable for you.

  1. All templates are verified by experts and comply with federal and state regulations.
  2. If you are currently registered, Log In to your account and select the Download option to access the Idaho Contract for the Lease and Mandatory Purchase of Real Estate - Specific performance clause.
  3. Use your account to review the official documents you have previously acquired.
  4. Visit the My documents section of your account to obtain an additional copy of the document you need.
  5. If you are a new user of US Legal Forms, here are straightforward steps to follow.
  6. First, ensure you have chosen the correct form for your location/area.

Form popularity

FAQ

(4) When a part of a contract which, taken by itself, can and ought to be specifically performed, stands on a separate and independent footing from another part of the same contract which cannot or ought not to be specifically performed, the court may direct specific performance of the former part.

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.

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.

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.

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.

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 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.

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.

Trusted and secure by over 3 million people of the world’s leading companies

Idaho Contract for the Lease and Mandatory Purchase of Real Estate - Specific performance clause