What aspect of real estate does "specific performance" relate to?

Specific performance is a legal remedy in real estate that compels a party to fulfill their obligations under a contract, particularly in the context of property sales contracts. When a buyer and seller enter into an agreement for the sale of property, they are creating a binding contract. If one party fails to perform according to the terms of that contract—such as a seller who refuses to transfer the title of the property to the buyer—specific performance allows the aggrieved party to seek a court order that requires the defaulting party to complete the transaction as originally agreed.

This remedy is especially relevant in real estate because each piece of property is unique. Therefore, monetary damages may not suffice as compensation for the non-breaching party; they may want the court to enforce the actual sale of the property itself. While leases and other aspects of real estate may also involve performance-related issues, specific performance primarily pertains to property sales contracts due to the unique characteristics and significance of real estate transactions.