Court of Appeals of Washington October 25, 2010, Nos. 63790-8-I; 63792-4-I (Cornish College of the Arts v. 1000 Virginia Ltd. Partnership)

Dwyer, C.J.

¶1 A superior court has the authority to grant an equitable grace period to the holder of an option to purchase property when an inequitable forfeiture would otherwise result. When monetary damages are inadequate to compensate a nonbreaching party, a lease containing an option to purchase is enforceable by specific performance.