Contracts
Under the Maryland contract, if all contingencies are removed and the buyer refuses to close, the seller's most likely remedy is:
AAutomatically voiding the transaction
BRetaining the earnest money deposit as liquidated damages✓ Correct
CSuing for double damages
DRefunding the earnest money to the buyer
Explanation
If the buyer defaults after all contingencies have been removed, the seller may retain the earnest money deposit as liquidated damages, as specified in most Maryland purchase agreements.
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