When a contract is voided by the court, what does the purchaser receive?

When a contract is voided by the court, the purchaser typically receives all payments made under the contract. This principle is rooted in the idea that if a contract is deemed void, it is as if it never existed. Therefore, any funds exchanged or promises made under that contract need to be returned to the parties involved, to restore them to their original positions prior to the contract's existence.

In legal terms, this is often referred to as restoring the "status quo." The court seeks to avoid unjust enrichment, ensuring that one party does not benefit at the expense of another when the contract is invalidated. By receiving all payments made, the purchaser can rectify the financial loss incurred due to the voided agreement, allowing for a fair outcome.

Future credits or partial refunds would not be appropriate in this situation, as the principle of restoring full payments applies when a contract is nullified.