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Yes, at least in the US, without an issue. A conditional or contingent offer is just that, conditional, and either party can walk away from it.
You should call the candidate and explain the reasons for your withdrawal in a clear and respectful way. You should also apologize for any inconvenience or disappointment caused and thank them for their interest and time. You should avoid making vague or false statements that could lead to confusion or litigation.
A job offer acceptance letter can be fairly brief, but needs to contain the following: An expression of your gratitude for the job offer and the opportunity. Written formal acceptance of the job offer. The terms and conditions (your salary, job title, and any other benefits) Clarification on your starting date.
Keep the response to the point and ensure you thank them for the offer. Also don't forget to ask when you're likely to hear back. That way you won't be constantly checking your emails. You should also respond swiftly, but don't feel afraid to ask for extra time if you think it's necessary.
?Unfortunately, I'm writing to rescind my job acceptance.? ?I'm afraid I'll have to withdraw my job offer acceptance.? ?I'm so sorry, but it looks like I'll have to back out of this job.? Unless you already have an established relationship with your would-be employer, it's best to keep the tone of the message formal.