Contracts
A real estate buyer who discovers after closing that the seller concealed a material defect may have a claim for:
ARescission of the contract and damages for fraud✓ Correct
BNothing, as all sales are final after closing
COnly the repair cost, limited to $1,000
DA GREC license complaint only, not civil damages
Explanation
A buyer who discovers fraudulent concealment of a material defect after closing may bring a civil action for rescission (unwinding the contract) and/or damages, as fraud can void a contract.
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