Contracts
A NH seller who accepts an 'all cash, no contingency' offer should understand that the buyer:
AIs guaranteed to close since there are no conditions
BStill must deposit earnest money, and a default would allow the seller to claim damages✓ Correct
CHas no obligations whatsoever until closing
DWill automatically close in 7 days
Explanation
Even a no-contingency cash offer is a binding contract upon acceptance. The buyer must still close or face the consequences of default — including forfeiture of earnest money and potential liability for seller's damages.
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