Sale of Lease or Property - Remedies for Breach

The video tutorial discusses the legal aspects of real estate transactions, focusing on contracts, breaches, and remedies. It explains the obligations of purchasers and lessees, differentiates between material and non-material breaches, and outlines judicial remedies such as specific performance and monetary damages. The financial implications of breaches, including escrow and security deposits, are covered, along with the eviction process for reclaiming property.

What is the role of an escrow account in a real estate transaction?

What is the significance of a security deposit in a lease agreement?

What actions can a seller take if a purchaser does not fulfill their obligations?