What Happens After a Seller and Buyer Sign a Broker Prepared Contract? The Contract Phase.
In New Jersey, if a contract is a broker prepared contract, each party is entitled to have a **3 business day attorney review period. If a buyer or seller fails to amend the broker prepared contract within this 3 business day time period, each party may be stuck with the terms of the broker prepared contract. If either party elects to hire an attorney within the 3 day attorney review period, the attorney(s) will send