When the clock starts
The three days start after the fully signed contract is delivered to both buyer and seller. Saturdays, Sundays and legal holidays don’t count. The deadline is detailed in the contract itself, so read that section.
What attorneys do during review
- Disapprove the contract, which ends it.
- Send a letter proposing changes, such as inspection terms, the closing date, credits or which items stay with the house.
- Approve it by letting the period end without disapproval.
If an attorney proposes changes, the other side typically responds, and the deal is often treated as still under review until both sides agree. Practice varies, so follow your attorney’s advice.
Why sellers sometimes accept a backup offer during review
Because either side can cancel during review, a seller may keep taking showings or accept a backup offer. Buyers should move quickly: line up an attorney before you write an offer.
Tips for buyers
- Have an attorney picked before you bid.
- Tell your attorney what matters most (inspection time, closing date, any appliances or fixtures).
- Keep your lender in the loop. The contract’s mortgage dates start soon.
Tips for sellers
- Hire your attorney when you list, not when you get an offer.
- Review the buyer’s financing and proposed dates carefully. Strength isn’t only the price.
Thinking about selling? Start with the seller plan and the seller net sheet.
Questions, answered
Can a buyer back out during attorney review in NJ?
Yes. During the attorney review period, either party’s attorney can disapprove the contract, which cancels it.
Do weekends count in NJ attorney review?
No. The period is three business days and excludes Saturdays, Sundays and legal holidays.
General information, not legal, tax or lending advice. Rules change; confirm with your attorney, tax professional or lender.