Contracts
A seller in Indiana who makes substantial renovations to the property after accepting a purchase offer but before closing without the buyer's knowledge:
AMay do so freely as the owner
BMay breach the purchase agreement's requirement to deliver the property in substantially the same condition as when the contract was signed✓ Correct
CIncreases the property's value and the buyer benefits
DIs required to notify only the lender
Explanation
A purchase contract typically requires the seller to maintain the property in substantially the same condition from contract to closing. Substantial unauthorized changes — even improvements — may constitute a breach.
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