elianakerrigan8871 elianakerrigan8871
  • 15-01-2020
  • Business
contestada

In a transaction that is subject to a licensee buyout agreement, if the buyer defaults the seller may:

Respuesta :

ofentsemaphalla
ofentsemaphalla ofentsemaphalla
  • 15-01-2020

Answer:

Sue the buyer for specific performance

Explanation:

In a licensee buyout addendum to a contract to buy and sell real estate, "Liquidated losses" (buyer lose earnest money) is omitted.

If the buyer / broker gets cold feet, the cure is Specific Performance meaning the seller may sue for damages and compel the agent to purchase them.

Answer Link

Otras preguntas

What is the effect of the description “Our town has indeed look better”
What base in dna pairs with adenine
What is an example of Paine’s use of ethos
find the smallest number which can be multiplied by 112 to give a square number
Which is correct - “I can’t bear to take it down.” Or “I can’t bare to take it down.”
Why do you think the speaker of the house is next in line to become president in the event of the death of both the president and vice president?
Read the claim and the evidence that follows, which is an excerpt from Hokusai's The Great Wave. Claim: The Great Wave is the most historically significant art
Use the Pythagorean theorem or knowledge on special right triangles to find the missing variable in the following triangles
Write an essay on smoking cigarettes Are they hazardous
What is the "showdown fight" is McCarthy referring to at the beginning of his speech? The Cold War The Vietnam War World War II The Korean War