Escrow & Title
A North Dakota seller accepts a purchase offer but then receives a better offer before closing. The seller may NOT simply accept the second offer because:
AMLS rules prevent multiple offers
BThe first purchase agreement is a binding contract that the seller cannot unilaterally cancel✓ Correct
CThe seller must return the earnest money to the first buyer first
DThe second buyer has no legal rights in North Dakota
Explanation
Once both parties sign a purchase contract and it becomes binding, the seller cannot simply walk away to accept a better offer without breaching the contract. The first buyer may seek specific performance or damages.
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