Contracts
If a buyer defaults on a New Hampshire purchase and sale agreement, the seller's most common contractual remedy is:
ASuing for triple damages
BRetaining the earnest money as liquidated damages✓ Correct
CImmediate eviction of the buyer from the property
DAutomatic transfer of title to the seller
Explanation
Most New Hampshire purchase and sale agreements include a liquidated damages clause allowing the seller to retain the earnest money deposit as full compensation if the buyer defaults without a valid contingency.
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