Withdrawal from a Deal
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Question
Negotiations took place for the purchase of an apartment, the seller and the buyer agreed on a price but did not agree on the terms of payment and delivery of the key. No contract was signed, and nothing final was agreed upon orally, and the sign still declares that the apartment is for sale. Can the buyer withdraw?
Answer
As long as there was no final agreement and there are still open issues, the buyer can withdraw. However, if there was even an oral agreement, it is forbidden to withdraw due to lack of trustworthiness.
Source
Shulchan Aruch, Choshen Mishpat, Siman 204
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