What are the remedies available to a party who receives substantial but not complete performance of an executory contract?

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Jul 1, 2022 ... Executory costs include utilities, repairs, maintenance, insurance, common area expenses, and taxes paid for the leased asset during its ... That just means it is executory. An executory contract is when one or both parties have obligations still to be performed. For example, a sales contract is an ... Jun 13, 2024 ... An executory contract is a legal agreement in which the parties involved have ongoing duties to perform over a specific period of time. Executory contracts such as contracts for deed, lease-purchases, and lease-options have long been tools of Texas residential real estate sellers. Jul 9, 2024 ... An executory trust exists where property is held on a current trust, but there is an obligation to execute a further, final trust instrument respecting the ... A general receiver may assume or reject any executory contract or unexpired lease of the person over whose property the receiver is appointed. Until the buyer has paid the full purchase price, and the seller has handed over the property, the contract is considered executory. The seller's obligation to ... Dec 1, 2021 ... Executed consideration - where promises made in a contract are delivered immediately (e.g. delivery of goods); Executory consideration ... Under section 365 of the Bankruptcy Code, the Debtor has the option to either assume or reject unexpired leases and executory contracts. (In simple terms, an ... 'Fully Executed Contract' vs. 'Executory Contract'. Contracting professionals make a distinction between 'fully executed contracts' and “executory contracts.
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