Is a loan or mortgage company entitled to a liquidated damages claim?
California, United States of America
The following excerpt is from Hunt v. Stalians, E055164 (Cal. App. 2014):
is not. Rather, it is an alternative means of performance, and it is not subject to the requirements which apply to a liquidated damages provision. (Ridgley v. Topa Thrift & Loan Assn., at pp. 978-979.)5
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