ContractsAttorney_review_in_standard_residential_contract_practiceMEDIUM
Which answer best states the Illinois rule on inspection vs attorney review as tested in attorney review in standard residential contract practice?
Correct Answer
B) That assumption is wrong because attorney review and other contingencies are separate contract mechanisms unless the form language or later written modifications tie them together.
Attorney review is one contract feature. Inspection, financing, and appraisal contingencies remain distinct unless the contract or later written changes expressly connect them.
Answer Options
A
That assumption is correct because attorney review automatically extends every other deadline in every Illinois contract.B
That assumption is wrong because attorney review and other contingencies are separate contract mechanisms unless the form language or later written modifications tie them together.C
That assumption is correct because appraisal, inspection, and financing contingencies are all the same clause under Illinois law.D
That assumption is wrong only in Chicago contracts, not elsewhere in Illinois, according to this option.Why This Is the Correct Answer
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Why the Other Options Are Wrong
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Key Terms:
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