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CURE COST [1 record]

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Record 1 2015-11-16

English

Subject field(s)
  • Property Law (common law)
CONT

... where the plaintiff claims to be put into "the same situation ... as if the contract had been performed," there are two quite distinct bases of assessment: difference in value and cost of cure ... In the case of a contract to build ... the prima facie rule is that the builder is, on breach, liable on a "cost of cure" basis: i.e. he must pay for the cost of putting the defects right or of completing the work.

Key term(s)
  • cure cost

French

Domaine(s)
  • Droit des biens et de la propriété (common law)

Spanish

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