Final Answer:
Buyer A signs an agreement with Seller B to purchase her home. Seller B changes her mind about selling, but Buyer A still wants the house. Buyer A files a suit for specific performance.
Step-by-step explanation:
In such a scenario, where Seller B has changed her mind about selling the home after signing an agreement with Buyer A, the legal remedy sought by Buyer A is specific performance. Specific performance is a legal remedy that compels a party to fulfill the terms of a contract. In this case, Buyer A is requesting the court to compel Seller B to complete the sale of the home as agreed upon in the initial contract.
Buyer A may choose to pursue specific performance because monetary damages may not adequately compensate for the unique value or characteristics of the property. While monetary damages typically involve financial compensation for losses incurred due to a breach of contract, specific performance ensures that the actual property, in this case, the home, is transferred to the buyer as agreed upon in the contract.
This legal action acknowledges the uniqueness of real estate transactions and aims to provide a fair and just resolution by enforcing the contractual obligation of the seller to convey the property to the buyer. The court's decision in favor of specific performance would mandate Seller B to proceed with the sale, delivering the property to Buyer A in accordance with the terms outlined in the initial agreement.