An "offer" should not be confused with a "fully executed contract".   An "offer" can be withdrawn any time before it is fully executed... for any reason.    

Carol Williams is so smart - but be sure to document the withdrawal - I wouldn't rely on a verbal communication

Love it! Carol Williams you nailed it. Have to distinguish between the offer and a contract..big difference.

An offer which is not ratified can expire, can be rejected or withdrawn. A "deal" may have many outs based on how the contract is written.

In writing is best practice.  What more can be said  -  Carol Williams  has this one.

Abby,

Both Carol Williams and Lise Howe gave you the answers.  All the best to you.  A

abby tiscareno well, Carol Williams has an excellent answer.

Carol Williams nailed this one!

You need to know what is in your state contract and your state rules and regs to know what can terminate a contract. If you are a student...I recommend you know your state contract inside and out. 

At any time the buyer wants to communicate the termination before a Contract is executed.

Follow the terms of the contract.

It should be in writing, not verbal.

abby tiscareno An offer can be terminated anytime prior to acceptance. Once accepted it can only be terminated if the offer is contingent and an agreement cannot be met between the parties. Finally, if a real estate contract is fully executed, the purchaser owns the property and should seek legal counsel.

Contingencies and conditions not met for one of many many more

One way is when a seller does not respond in time. It's important to place dates on documents.

By legal means on a state by state basis depending on the contract law for that state and how state sanctioned contracts are created.

?? always has to be in writing.

It depends on what is included in the written agreement.  Assuming your talking a real estate agreement, in this jurisdiction the offer may be withdrawn by the purcyhaser at any time prior to its acceptance.

It can be accomplished in writing.   Also an offer can be terminated when the time frame for response has expired.   

Do it in writing (email is fine) so you have documentation. 

In our market prior to being accepted an offer may be withdrawn by a phone call followed up with a written email.

The buyer has all the outs in Colorado.

Great question for your broker

When this guy Terminates them:

there are many ways out with an initial offer to purchase, if it's written properly.... the purchase and sales agreement usually has conditions...once they're all satisfied, the outs are gone unless there's a title problem that take over 30 days to resolve....

Inspection issues is always the biggest reason I think.

Thanks, Carol Williams 

An offer is terminated when it is withdrawn before acceptance.

Rescind before acceptance!

An attorney should advice.

Refer to the contract for options to terminate. If no contract, buyer can withdraw their offer prior to acceptance.

Any way you want as long as it has not bee accepted yet, but check with your state to be sure. Or check with a lawyer.

It depends on the situation.