Definition
If you breach the contract, the seller can ask a court to force you to close anyway instead of just suing for damages. It's a powerful legal remedy.
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Specific performance is a powerful legal remedy that forces the breaching party to complete the transaction as agreed. If a buyer breaches without valid contingencies, a seller can seek specific performance to force the buyer to close. Similarly, if a seller breaches, a buyer can seek to force the seller to sell the property. This remedy is often preferred over monetary damages because it results in the intended transaction.
Pro Tip
Understand specific performance is possible. Don't assume you can walk away without consequences.
Example
The seller sued for specific performance, asking the court to force the buyer to close on the property.