Tennessee Real Estate Exam Practice Question
In a suit for breach of a purchase contract buyers would seek
Correct Answer: A
Rationale: In a breach of a purchase contract, buyers typically seek specific performance to compel the seller to fulfill their contractual obligations, particularly when the item in question is unique, such as real estate.
Option B, lis pendens, refers to a notice of pending litigation regarding property, not a remedy sought by buyers.
Option C, quiet title action, is used to resolve disputes over property ownership rather than enforcing a contract.
Option D, a deficiency judgment, pertains to recovering unpaid amounts after foreclosure, which is unrelated to enforcing a purchase contract.
Unlock All Questions
Subscribe to Premium for full access to all practice questions, detailed rationales, and performance tracking.
Subscribe Now