Contracts
An Indiana real estate buyer who waives all contingencies and then cannot close is most likely:
AEntitled to a full refund of earnest money
BIn default and at risk of forfeiting their earnest money✓ Correct
CProtected by the seller's disclosure act
DEntitled to a 30-day extension
Explanation
When a buyer waives all contingencies and then fails to close without justification, they are in default. The seller may retain the earnest money as liquidated damages per the contract terms.
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