California Codes, Civil Code - CIV, Division 4 — General Provisions, Part 1 — Relief, Title 2 — Compensatory Relief, Chapter 2 — Measure of Damages, Article 1 — Damages for Breach of Contract, Section 3307
The detriment caused by the breach of an agreement to purchase an estate in real property is deemed to be the excess, if any, of the amount which would have been due to the seller under the contract over the value of the property to him or her, consequential damages according to proof, and interest.
Notes
Sets damages for breach of an agreement to purchase an estate in real property as the excess, if any, of the contract amount due to the seller over the property’s value to the seller, plus consequential damages proved and interest.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 3307 | https://laws.lexinter.net/codes/california/civil-code/division-4/part-1/title-2/chapter-2/article-1/section-3307