North Dakota Code 32-03-14 – Damages for breach of agreement to buy realty
Current as of: 2023 | Check for updates
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The detriment caused by the breach of an agreement to purchase an estate in real property is deemed to be the excess, if any, of the amount which would have been due to the seller under the contract over the value of the property.
Terms Used In North Dakota Code 32-03-14
- Contract: A legal written agreement that becomes binding when signed.
- Property: includes property, real and personal. See North Dakota Code 1-01-49
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.