Can an offer to sell by deed be withdrawn if it is not accepted within a reasonable time?
Saskatchewan, Canada
The following excerpt is from McAlester Canadian Oil Company v. Petroleum Engineering Company, 1958 CanLII 184 (SK CA):
As it is now clear that contracts made by deed can be discharged either before or after breach in the same manner as simple contracts (Berry v. Berry [1929] 2 KB 316, 98 LJKB 748). I can see no reason why an offer to sell given by deed should not be withdrawn by simple letter before acceptance within a reasonable time.
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