Specific Performance
/ˈspesɪfɪk pərˈfɔːrməns/
Definitions
- (n.) A court-ordered remedy requiring a party to fulfill their precise contractual obligations rather than paying damages.
The court granted specific performance to compel the seller to transfer the property as agreed.
Related terms
See also
Commentary
Specific performance is typically granted only when monetary damages are inadequate, such as in contracts involving unique goods or real estate.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.