However, backing out of a sale of a home can have certain legal ramifications if the home buyer just suddenly decides that they don't want the house. (stockmonkeys.com)
The sale is in escrow for 30 days so that the new buyers can back out of the sale if anything isn't to their liking. (markreviewsmovies.com)
We were instructed to defend a local authority against a # 20 million breach of warranty claim arising out of its sale of a significant volume of housing stock. (bevanbrittan.com)