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Blog Posts in January, 2007

  • Specific Performance May Be No Performance at All

    The standard form contract used by Realtors, the FAR-8 as it is known to Realtors, does not even remotely protect the interest of a Seller, in most cases. In the event of breach, the remedies section of the form calls for the non-defaulting party to either recover the earnest money deposit, or require specific performance of the contract. An old and controlling legal maxim is that when any matter ...
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