Buying and Selling: Ruling on Revoking a Sale Agreement After Receiving a Down Payment

Practical Laws of Islam as per the teachings of Imam Khamenei

Buying and Selling: Ruling on Revoking a Sale Agreement After Receiving a Down Payment

English:

Question #1539:

A person bought some property and paid an amount of money as a down payment. After three hours, the seller revoked the sale agreement and thus did not hand the property over to the buyer. What is the ruling?

Answer #1539:

If the revocation of the sale contract was carried out after the parties have dispersed from the place where the agreement was done, and without the materialisation of any of the shar‘ī provisions that call for the right of revocation, the revocation is void and thus not effective. Otherwise, the revocation is ruled correct and enforceable.

-Imam Khamenei, Practical Laws of Islam, Importance and Conditions of Buying and Selling