When a buyer breaches a contract for a sale of land, the seller can recover the difference between the contract price and the market price of the land.

Question

Quizplus · Accepted Answer

In a breach of contract for the sale of land, the seller can indeed recover damages measured by the difference between the contract price and the market value of the land at the time of the breach, along with any incidental damages directly resulting from the breach. This is a common legal remedy to compensate the seller for the loss in value of the contract.

When a Buyer Breaches a Contract for a Sale of Land