Requirements for Specific Performance Flashcards

1
Q

To Obtain Specific Performance Must Show:

A
  1. Existence of a K
  2. The fulfillment of any conditions precedent by party seeking enforcement
  3. Mutuality of Remedy
    a. Both parties capable of performance, and
    b. The P’s counterperformance can be secured
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Certainty of K for SP

A
  1. Identity of Parties
  2. Consideration
  3. The time and maner of payment
  4. The subject matter of the K
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Enforcing Specific Performance in Land Contracts

A
  1. Buyer present and property are present: Equity will grant enforcement by decree
  2. Only buyer and seller are present (not property): Judge may order them to specifically perform OR go to jail
  3. Only seller and property are present: Equity probably won’t grant relief b/c there’s nobody there to pay
How well did you know this?
1
Not at all
2
3
4
5
Perfectly