Specific performance ordered for breached real estate contract after property found uniquely suited to purchaser.
The plaintiff corporation entered into an Agreement of Purchase and Sale to buy a residential property from the defendants.
The defendants subsequently refused to close the transaction, breaching the agreement.
The plaintiff sued for specific performance, arguing the property was uniquely suited as a recreational compound for its principals' extended family.
The defendants argued the purchase was a commercial investment and damages were the appropriate remedy.
The court found the property had a peculiar and special value to the plaintiff and ordered specific performance.
SCJSuperior Court of JusticeJun 21, 2022