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A New Jersey real estate contract becomes binding when:

Correct Answer

B) After the attorney review period expires without disapproval

In New Jersey, the contract becomes fully binding after the attorney review period expires without either attorney disapproving.

Answer Options
A
The offer is made
B
After the attorney review period expires without disapproval
C
When earnest money is deposited
D
At closing
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Related Topics & Key Terms

Related Topics:

contract-formationattorney-review-provisionsearnest-money-deposits

Key Terms:

attorney review periodbinding contractthree business daysNew Jersey residential contractdisapproval letter
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