Which of the following describes a buyer's rights upon discovering a title issue?

The correct answer highlights the buyer's right to demand a reasonable time for the seller to cure defects upon discovering a title issue. In real estate transactions, if a buyer uncovers a title defect, the seller is typically given an opportunity to resolve or "cure" the defect before the buyer can pursue other remedies. This principle is rooted in fair dealing and gives the seller a chance to address issues that could affect the sale, such as liens or ownership disputes, which might be correctable.

Allowing the seller time to cure defects is common because it promotes resolution outside of litigation and supports a smoother transaction process. Buyers generally do not simply walk away from the deal or need to immediately seek refunds without first allowing the seller a chance to remedy the situation.

Other options simplify the buyer’s remedies. Continuing with the sale without changes disregards the buyer’s rights to address title concerns. Merely negotiating to lower the price does not adequately address the issue at hand, as it does not provide a solution to the underlying title defect itself. Lastly, the notion that a buyer is entitled to an immediate refund of the deposit would typically only arise after significant issues where a resolution is unachievable, rather than the standard process which involves first seeking to cure the defect