Contracts
A Massachusetts P&S includes a contingency for the sale of the buyer's current home. If the buyer cannot sell their home in time, the buyer may:
AAutomatically extend the closing date by 6 months
BCancel the contract and receive a full deposit refund per the contingency terms✓ Correct
CForce the seller to wait indefinitely
DTransfer the contract to another buyer
Explanation
A home sale contingency allows the buyer to cancel the purchase contract and recover their deposit if they cannot sell their current home within the specified period.
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