Contracts
In Michigan, a 'material breach' of a purchase agreement by the seller entitles the buyer to:
AOnly a return of earnest money
BReturn of earnest money, damages, and potentially specific performance✓ Correct
COnly sue for specific performance
DNo remedy since real estate transactions are final once signed
Explanation
If a Michigan seller materially breaches a purchase agreement (e.g., refuses to close, cannot convey clear title), the buyer may be entitled to return of earnest money plus actual damages and potentially specific performance (a court order to complete the sale).
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