Contracts
Misrepresentation of a material fact by a seller in Alabama that induces a buyer to purchase may allow the buyer to:
AOnly sue for commission recovery
BRescind the contract and/or sue for damages✓ Correct
CTake possession immediately without closing
DReport the matter to AREC and forfeit their earnest money
Explanation
A buyer who was induced to purchase by material misrepresentation may seek rescission (cancellation) of the contract and/or monetary damages from the seller.
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