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1. There are a few possibilities. Essentially, the estate of the deceased person can go ahead and buy the property by completing the purchase. Alternatively, the estate can decide not to go ahead with the purchase and forfeit the deposit. The decision in each case is that of the executor if there is a will or the administrator if the person dies intestate. Finally, even if the seller seeks specific performance of the contract, a court will not likely grant it given the fact the buyer has died, as this material change in circumstance makes it inequitable to enforce the contract for sale.