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Contract memorandum Essay example

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MEMORANDUM To: From: Re: Teri Firefighter FACTS: Teri is a firefighter who lives and works in Boston, Ma. She is selling her home and found a buyer named Jack. Teri received an offer from Jack for $300,000. Teri accepts the offer and they sign a contract to that effect. After the contract is signed, Teri learns of a Boston rule that all firefighters must live within the Boston city limits. Teri decides not to move and contacts Jack to let him know she won’t be moving after all. Jack sues Teri in municipal court, asking for specific performance in accordance with the original deal. Teri argues that, although specific performance is usually appropriate in land sales contract cases, the judge has the discretion to …show more content…

Also stated in Joseph, the court ordered “specific performance of a written agreement between two brothers dividing up a plumbing business that included the purchase by one of the brothers of the other's 50% interest in the business real estate held by the two as tenants in common.” ANALYSIS: A Judge will grant specific performance in a land or real estate deal as stated in Raynor,”the purchasers were entitled of the relief granted by the final decree to specific performance upon payment of the purchase price less the amounts already paid as a deposit, as well as interest thereon.” Since Teri had signed a contract with Jack the Judge should grant Jack specific performance based on the original agreement. As stated in Joseph, Specific performance is permitted when the buyer reasonably relied on the contract with the seller and the buyer’s position has changed for the worse. CONCLUSION: Therefore, specific performance is not a strict and absolute right and it rests in sound judicial discretion. Jack should receive specific performance because of the duty owed him in the original signed agreement. ISSUE #2 However, will Teri’s circumstances cause the judge to use his discretion and deny specific performance? RULES: In A. B. C. Auto Parts, Inc. v. Moran, 359 Mass.

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