Language of Real Estate

Language of Real Estate

Language of Real Estate

Language of Real Estate

Language of Real Estate

Language of Real Estate

Language of Real Estate

Language of Real Estate

Language of Real Estate

​​​​​​​John Reilly
April 29, 2022

A variance is an exception to the existing zoning, whereas a nonconforming use (also known as a grandfather clause) arises when there is a change to the zoning but an existing use is still permitted to continue.

​​​​​​​John Reilly
April 29, 2022

With respect to remedies upon breach of contract, specific performance is a legal action brought in a court of equity to compel a party to carry out the terms of a contract, whereas liquidated damages is an amount predetermined by the parties to an agreement as the total amount of compensation an injured party should receive if the other party breaches a specified part of the contract.

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