What is the remedy where a lessor has agreed to sell property to his lessee and accepted part of the price
Verified Answer
A. Specific performance
B. A suit for eviction
C. Either (1) or (2)
D. None of these
Explanation:
When a lessor agrees to sell the property to his lessee and accepts part of the price, a binding contract for sale is formed. The appropriate remedy for the lessee, if the lessor defaults, is to seek specific performance of the contract of sale.