The amount of money damages for a breach of contract is the difference between the contract price and the market value of the real property at the time and place of default.

Question

Quizplus · Accepted Answer

In a breach of contract involving real property, the measure of damages is typically the difference between the contract price and the market value of the property at the time and place of default, to put the non-breaching party in the position they would have been in had the contract been fulfilled.

The Amount of Money Damages for a Breach of Contract