Contracts
Under the Utah REPC, if the seller fails to perform and the buyer elects to cancel, the buyer is entitled to:
AOnly the earnest money deposit
BEarnest money plus actual damages up to the purchase price✓ Correct
CSpecific performance as the only remedy
DNo remedy unless specifically agreed in writing
Explanation
If the seller defaults, the buyer may cancel and recover the earnest money deposit plus any actual damages incurred, up to the purchase price, as provided in the Utah REPC.
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