When a buyer defaults on a real estate purchase contract in Idaho, the seller's remedies may include:
Correct Answer
B) Retaining the earnest money, seeking specific performance, or suing for actual damages
When a buyer defaults on a real estate purchase contract, the non-breaching seller may pursue civil remedies including retaining the earnest money as liquidated damages, seeking specific performance to compel the sale, or suing for actual damages. Contract default is a civil matter, not a criminal one, and the seller is not limited to only the earnest money unless the contract specifies it as the sole remedy.
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