If a seller wants to not consider the 4473 and take the gun back after ownership has been legally transferred then so be it. There is nothing to stop them from doing that. Again, Details of what is allowed and not allowed should be agreed upon so there are no questions if you are concerned about it.
Just consider in the case where a seller is an individual (not an FFL). If the gun is transferred to the buyer on a 4473 and then goes back, the receiving FFL now cannot return that gun back to the seller. It must go through an FFL on the sellers end and then get transferred back to the seller on another 4473. Which will likely end up costing the seller money which will then likely just end up being deducted from the buyers refund along with cost of ahipping both ways (which is also customary).
Whereas if the gun was not transferred to the buyer, it could just be sent directly back by the FFL because ownership was not transferred. The FFL is the legal middle man to facilitate the transfer of ownership.
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B. Dudley
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