All the buyer has to do here to cancel the contract is send written notice to the seller before their inspection period ends. The ASIS contract verbiage to cancel a contract at their sole discretion can be used to get out of a deal without consequences.2. This instruction assumes that the defendant is claiming to have revoked the offer. Until then, you are free to withdraw the offer. It makes no legal difference whether your signature is on a fax or on an original document. An important rule known as the "mailbox rule" says that an acceptance is effective once it is put in the mailbox. "Under Contract" means that a buyer has made an offer for the house, and the seller has accepted that offer. Florida law simply does not allow offer a statutory right to cancel an agreement for a certain number of hours. GOVERNING LAW: This Request for Pre-Qualification shall be included and incorporated in the final award. You don't "withdraw the offer" after it's accepted.