Contracts
If a seller defaults on a GAR Purchase and Sale Agreement, the buyer may:
AOnly recover the earnest money
BSue for specific performance or damages✓ Correct
CReport the seller to GREC for discipline
DAutomatically receive the property at the listed price
Explanation
If a seller defaults, the buyer may sue for specific performance (forcing the sale) or seek money damages. The buyer is not limited to only recovering earnest money.
Related Georgia Contracts Questions
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