Contracts
An Indiana buyer who discovers a material defect after closing that the seller failed to disclose may seek:
AOnly a refund of the purchase price
BRescission of the sale, damages for misrepresentation, or other remedies available under Indiana contract and tort law✓ Correct
COnly a credit from the listing broker
DArbitration exclusively
Explanation
A buyer who discovers post-closing that the seller fraudulently or negligently concealed material defects may pursue legal remedies including rescission (undoing the sale) and damages under contract or tort theories.
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