Contracts
A buyer is unable to close on a Delaware property due to the seller's defective title. The buyer's most appropriate remedy is:
AForfeiture of the earnest money
BRescission of the contract and return of the earnest money✓ Correct
CSpecific performance requiring the seller to convey defective title
DFiling a complaint with the Real Estate Commission
Explanation
If the seller cannot deliver marketable title as required by the contract, the buyer is entitled to rescind the contract and receive a full refund of all deposits. The buyer may also seek damages for out-of-pocket costs.
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