ContractsAttorney_review_in_standard_residential_contract_practiceMEDIUM
Avery Jenkins is reviewing an Illinois issue in Normal. The person asks what happens if neither attorney sends a disapproval or proposed change during the standard review period. Which statement best applies?
Correct Answer
C) The contract proceeds as written once the review period passes without timely attorney action.
If no attorney action is timely taken under the clause, the contract generally continues in the form already signed.
Answer Options
A
The contract automatically terminates if neither attorney responds.B
The contract becomes enforceable only after a second review period requested by the lender.C
The contract proceeds as written once the review period passes without timely attorney action.D
The contract becomes void unless a judge confirms the attorney review was waived.Why This Is the Correct Answer
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Why the Other Options Are Wrong
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Deep Analysis of This Contracts Question
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Background Knowledge for Contracts
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Real World Application in Contracts
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Common Mistakes to Avoid on Contracts Questions
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Related Topics & Key Terms
Key Terms:
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