QUESTION
can a lawyer on the side of the seller of a multi family in NJ file a suit for SPECIFIC PERFORMENCE against the buyer ?
Asked on Feb 27th, 2017 on Business Litigation - New Jersey
More details to this question:
is a seller entitled in nj to impose S P request against a buyer on a commercial property?
1 ANSWER
Sellers are not generally allowed to enforce specific performance, because they can be make whole by monetary damages. Only buyers can generally enforce specific performance.
Edward Zohn, Attorney at Law
908.791.0312, ezohn@zohnlaw.com
Answered on Mar 06th, 2017 at 5:08 AM