If at the end of the option period a buyer decides to terminate the contract and walk away, what happens to the earnest money and option fee? Question 19 options: The buyer will receive their option fee but the earnest money is not refunded. The buyer will receive their earnest money but the option fee is not refunded. The buyer will receive both their earnest money and the option fee refunded to them. The buyer is in default and no money is refunded