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A buyer submits an offer on a property in Santa Barbara. The offer includes all essential terms. Before the seller responds, the buyer dies in an accident. Under California law, what happens to the offer?

Correct Answer

D) The offer is automatically terminated by operation of law upon the buyer's death

Under California Civil Code §1587, an offer is revoked by the death of the offeror before acceptance. The death of the buyer automatically terminates the offer by operation of law, and the seller cannot create a binding contract by accepting after the buyer's death.

Answer Options
A
The offer remains valid and the seller can still accept it, binding the buyer's estate
B
The offer remains valid for 30 days to allow the buyer's estate to be settled
C
The offer is transferred to the buyer's heirs, who must decide whether to proceed
D
The offer is automatically terminated by operation of law upon the buyer's death

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Related Topics & Key Terms

Key Terms:

offer_terminationdeath_of_offerorCivil_Code_1587operation_of_law
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