Which legal remedy requires a breach of contract party to perform as agreed?

The legal remedy that requires a party who has breached a contract to perform their obligations as originally agreed upon is known as specific performance. This type of remedy is often sought in real estate transactions where monetary damages may not adequately compensate the injured party. In cases involving unique properties or situations where the subject matter of the contract is irreplaceable, the court can order specific performance, compelling the party to fulfill their contractual duties.

For example, if someone agrees to sell a specific piece of real estate but later refuses to complete the sale, the buyer may seek specific performance rather than just monetary damages. This ensures that the buyer can obtain the exact property that was agreed upon, which is often more valuable to them than any financial compensation.

The other legal remedies mentioned differ in their purposes: monetary damages provide financial compensation but do not ensure performance, rescission allows for cancellation of the contract and restores parties to their pre-contract state, and an injunction is a court order to do or refrain from doing a specific act but does not involve performance of contract terms. Thus, specific performance is the correct remedy for enforcing the actual execution of a contractual agreement.