In New Jersey, buyers have an attorney review period of:
Question & Answer
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No attorney review period
Stating there is no attorney review period is factually incorrect for New Jersey; the state is one of a small number of states that mandates this period, and omitting it from a contract does not eliminate the right — it is implied by law and professional practice standards.
3 business days
7 calendar days
A 7-calendar-day period does not apply to New Jersey's attorney review; this figure may confuse test-takers who recall other consumer protection periods, such as the right of rescission under federal TILA, which provides 3 business days for refinances but is unrelated to contract review.
10 business days
A 10-business-day period is not the standard for New Jersey attorney review; this longer timeframe might be confused with inspection contingency periods or other contractual deadlines that parties negotiate separately.
Why is this correct?
New Jersey's 3-business-day attorney review period begins the day after all parties have signed the contract and received a fully executed copy. During this window, either the buyer's or seller's attorney may disapprove the contract by sending written notice (typically via certified mail, telegram, or attorney letter) to the other party's attorney and the real estate agents involved. If no disapproval is sent within 3 business days, the contract becomes legally binding, making this period a critical consumer protection mechanism unique to New Jersey.
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