In New Jersey, buyers have an attorney review period of:
Question & Answer
Review the question and all answer choices
No attorney review period
3 business days
7 calendar days
7 calendar days is incorrect because New Jersey's attorney review period is measured in business days, not calendar days, and the specific timeframe is 3 days, not 7.
10 business days
10 business days is incorrect because New Jersey's attorney review period is specifically 3 business days, not 10. This option represents a misunderstanding of the statutory timeframe.
Why is this correct?
New Jersey law specifically grants a 3 business day attorney review period during which either party can have their attorney review the contract and potentially disapprove it without penalty. This is a statutory protection unique to NJ transactions.
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