Escrow & Title
In Maine, a buyer's earnest money check is made out to the listing broker. If the seller breaches the contract, the earnest money:
AIs automatically forfeited to the listing broker
BShould be returned to the buyer per the contract terms✓ Correct
CIs divided equally between buyer and seller
DBelongs to the seller's attorney
Explanation
Earnest money belongs to the buyer unless the buyer has breached the contract. If the seller breaches, the earnest money should be returned to the buyer according to the contract terms.
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