There are a number of factors that will determine whether or not the purchaser will be entitled to his/her earnest money. You should consult with your real estate attorney to review the purchase and sale agreement with you, to see if you have any legal recourse/remedies. Because I am not a real estate attorney, nor do I have additional information regarding the situation, I strongly suggest that you speak with your real estate attorney.
I hope this answered your question! If you have any further questions, please feel free to contact me by the ways below.
Wishing you all the best,
De Vonte Williamson , LSA
Proudly Serving Long Island
Coldwell Banker Residential
Top Relocation Associate- Setauket,
"I Stand Behind Getting You Results!"
Do you have an agent representing you? That is who you should be asking for guidance. If you are unrepresented, then you need to be talking to an attorney.