Which remedy is not available to a buyer in the case of seller default on the terms of a WB-11 Residential Offer to Purchase?

In the case of a seller defaulting on the terms of a WB-11 Residential Offer to Purchase, the remedy of liquidated damages equal to 2% of the purchase price is not available to the buyer. Liquidated damages are typically a pre-determined amount agreed upon by both parties for a breach of contract, and in residential real estate contracts like the WB-11, this remedy often applies to the seller defaulting on their obligations.

When a seller defaults, buyers have other remedies they can pursue, including specific performance, which compels the seller to fulfill the terms of the contract as intended. They can also seek rescission of the offer, which effectively cancels the agreement, or recover actual damages incurred due to the default, which could compensate them for losses or expenses resulting from the breach. However, liquidated damages specifically pertain to circumstances outlined in the contract and are generally a remedy designated for the seller in the event of the buyer's default. Thus, the chosen remedy of liquidated damages is not applicable to the buyer in the seller default scenario, making it the correct answer to the question.