A buyer and seller enter into a contract for sale and purchase of a home. The contract is contingent on a radon test. The radon test indicates a high level of radon gas in the home. The buyer gives written notice to cancel the contract. The seller refuses to sign a release of the buyer's earnest money deposit and demands receipt of the deposit for himself. Which statement applies to this situation?
A. The broker does not need the seller's permission to release of deposit because the contract contained a contingency clause.
B. The broker may return the deposit to the buyer without first securing the seller's written permission, because the broker does not have a good-faith doubt regarding who is entitled to the funds.
C. The broker must notify the Florida Real Estate Commission in writing within 15 business days of the buyer's and seller's conflicting demands for the earnest money.
D. The broker may send a certified letter, return receipt requested, to the seller stating that the broker is returning the funds to the buyer in accordance with the contract.