Ace the Arizona Real Estate Exam 2026 – Unlock Your Property Dreams!

The purchaser can withdraw the offer before acceptance because the period during which the seller can accept the offer does not create a binding contract until the seller actually accepts it. In the scenario where the seller has five days to accept the offer, the purchaser retains the right to change their mind during that timeframe. As long as the seller has not yet accepted the offer, the seller has no obligation to the purchaser, and thus the purchaser has the freedom to withdraw their offer if they choose to do so.

This principle is rooted in contract law, where the offeror (the purchaser) is allowed to retract their offer up until it is accepted by the offeree (the seller). This flexibility allows for changes in the purchaser's circumstances or preferences. So, withdrawing the offer during this period is a legitimate action.

The other options suggest limitations on the purchaser's actions which don't align with the rights typically retained before an offer is accepted.