how long to reply in attorney review

by Ally Ullrich Published 2 years ago Updated 1 year ago 8 min read

How long does attorney review take?

The review attorney generally has 5 days to review the items submitted. The review attorney often will require additional endorsements from the title insurance company. Only after the review attorney approve can a closing date be scheduled, provided the availability of the seller. How do I pay for everything at the closing?

Is 2 weeks a long time for a lawyer to respond?

Jan 11, 2013 · Eight days is probably pushing it for a 'reasonable' response time; but that really depends on a few things, including how urgently a response is required for action. The most common complaint that clients have about their attorneys, I've heard, is that we don't communicate quickly enough.

How long does it take to review a contract after signing?

Mar 30, 2016 · The attorney review period lasts three days and begins when each party receives a copy of the fully signed contract of sale. Weekend days and holidays do not count as one of the days of the review period. Additionally, the day that the buyer and seller each receive fully signed copies of the contract is not counted in the period.

Can I ask for an extension of the Attorney review period?

Attorney review ends when the attorneys for buyer (s) and seller (s) have completed their revisions and approved each other's revisions. That could be in 3 hours, 3 days or 3 weeks or any other time period imaginable. During this time both buyer (s) and seller (s) are vulnerable.

How long should I wait for my attorney to respond?

A: The lawyer should be responsive to your questions within 24-48 hours after you left a message. If the lawyer is not responsive, perhaps he or she is on vacation and unable to return.Dec 28, 2019

How many days is attorney review in NJ?

three business days

How Long Does Attorney Review Take? Attorney review in New Jersey is three business days long. Saturdays, Sundays, or legal holidays do not count towards the three day period. The three day period begins the day following when both buyer and seller received the fully signed contract.Mar 28, 2021

Can you waive attorney review in NJ?

In New Jersey, The attorney review clause is required. Although either the buyer or the seller can choose not to consult an attorney, they cannot waive the provision clause. Buyers and sellers can cancel the contract for any reason during attorney review.Aug 6, 2021

How long is attorney review period in Illinois?

5 business days

The typical attorney review period is 5 business days after signing the initial contract. During the 5-day period, your attorney will need to decide whether to: Approve the contract; Reject the contract; or.Oct 5, 2017

How long does a seller have to respond to an offer in NJ?

How Long Do They Have To Respond? Legally speaking, there isn't a time frame sellers must respond to your offer. However, it's an unspoken rule in the industry that sellers and/or the listing agents should respond within a few days, with 48 hours the norm.Mar 1, 2022

Can a buyer back out of an accepted offer in NJ?

The offer is not legally binding until it has been agreed upon which is once the documentation has been signed. When you live in New Jersey or sell a property there the realtor contract has a three day review period for an attorney to look over it. During this time buyer or seller are able to withdraw legally.

Is attorney review mandatory in NJ?

An attorney review clause is required in every Contract prepared by a real estate agent in New Jersey. The clause allows the Buyer and Seller to choose an attorney to study the Contract and make modifications to its terms. If an attorney is consulted, the lawyer must complete the Contract review within three days.

How long does a contract review take?

1-2 business days

We'll explain what's in the contract and advise you of any red flags and specific conditions you need to understand. For a standard contract, we will email you our thorough review within 1-2 business days.

Can a seller accept another offer?

Sellers can accept the “best” offer; they can inform all potential purchasers that other offers are “on the table”; they can “counter” one offer while putting the other offers to the side awaiting a decision on the counter-offer; or they can “counter” one offer and reject the others.

Can seller accept another offer during attorney review Illinois?

“Although this will cause some pushback and sometimes isn't looked at as the most ethical, a seller can legally still accept any other offer up until attorney review conclude as the deal isn't officially under contract.” For the most part, though, buyers more commonly back out of contracts rather than sellers.Jan 12, 2021

What is the 5 day attorney review Illinois?

In Illinois, attorney review is a 5-business day period that allows a property buyer's or seller's attorney to review and approve or disapprove a real estate contract. Sometimes, provisions will also allow the attorney to amend a real estate contract as well.Jan 21, 2022

Can a seller accept another offer while under contract Illinois?

The issue is not legal or illegal: it's meaningless. A seller cannot accept another offer if the listing became “in-contract.” A home is “in-contract” after the buyer and the seller have signed the contract.

How long does it take to cancel a mortgage contract?

If after 45 days your contract will generally provide that either party may cancel the contract and have the deposit returned. If you are a buyer, you have a duty and may have to prove that you were diligent in your attempt to obtain a mortgage.

How long does it take to get a mortgage?

You generally will have 45 days to obtain a mortgage. If after 45 days your contract will generally provide that either party may cancel the contract and have the deposit returned. If you are a buyer, you have a duty and may have to prove that you were diligent in your attempt to obtain a mortgage.

What happens when you get a mortgage?

Once you have obtained a mortgage, the lender issues a mortgage commitment. This is the contract between you and the lender. It is important for you to read the commitment in its entirety. If there is any part of the commitment that you do not understand, contact the law firm.

Shelley L Fuller

You know it can really vary as to when an attorney gets back to you at times. Its very frustrating for client to have to wait because it is your life and freedom on the line. This is by far the most common complaint that is lodged against attorney is that we don't communicate enough or quick enough...

Thomas K Coan

Unless there are extenuating circumstances such as your attorney being in trial or be out of town on an emergency, eight days is, in my opinion, too long to wait for an answer. I would, however, follow up with your attorney to make sure your understanding of the law is accurate.#N#More

Jay Bodzin

Eight days is probably pushing it for a 'reasonable' response time; but that really depends on a few things, including how urgently a response is required for action.#N#The most common complaint that clients have about their attorneys, I've heard, is that we don't communicate quickly enough. There are a couple possible reasons...

William A. Jones Jr

When you do talk with your attorney your stated concerns need to be addressed satisfactorily. If your are not satisfied after a fair and open conversation, then you may well want to consider changing counsel. I would give your attorney a fair opportunity to respond to and address your concerns. Good luck.

Frank Mascagni III

There is no absolute time line response to this question. I will assume you have retained a private criminal defense attorney to represent you in criminal court.

Can an attorney review a contract?

An attorney who is not available to review your contract and respond to the other party's attorney on a timely basis can cost you your sale (or purchase) Communicate clearly with your attorney and be sure to express not only your needs but also your desire to conclude attorney review in a timely basis and have a solid contract.

Does an attorney work for you?

And remember, your attorney works for you. Be politely firm about your desire to buy or sell this property. Your agent can assist in making the process run more smoothly but at the end of the day, your attorney works for you and not your agent, so your agent's effectiveness with your attorney may be limited.

Jennifer L. Ellis

2 weeks is a while. Most lawyers try to respond much more quickly. I would say that you should follow up with an email and or a phone call, sometimes phone calls are better.

Anthony Bettencourt Cameron

If your attorney is anything like me, she gets 160 emails a day. I understand your inquiry is important but not urgent, resend it with a return receipt request to be sure it is opened. If it gets urgent, resend it as a fex and call staff to ask for a prompt reply.#N#More

Eliot M. Wolf

It is definitely not a good sign that you are posting this to strangers and not her. Two weeks sounds unreasonable but perhaps they are on vacation or the message was forgotten so follow up on same.

William J. Dyer

This is a judgment call, and depends very much on your situation and its urgency. If you've got a hearing or a deadline coming up and you're trying to make a decision, then your situation may be very urgent, and that might justify following up more quickly, and more insistently, than otherwise...

Rixon Charles Rafter III

The best way to communicate is the way that you and your lawyer have agreed to in advance.

Why is attorney review important?

Taking advantage of the attorney review period is important for both buyers and sellers. While all real estate contracts in NJ must be written in “plain language,” the fact remains that some confusing legal concepts (legalese) will make their way into virtually every real estate transaction. Working with an experienced real estate attorney can ensure you are getting the best advice on the ins and outs and specific legal language of real estate law. You do not want to find yourself bound to a contract that includes terms that you never fully understood. The attorney review period gives you time to work closely with your attorney so that you have a solid grasp on your rights and responsibilities as set forth in the contract.

Can a realtor give legal advice?

You do not want to find yourself bound to a contract that includes terms that you never fully understood. The attorney review period gives you time to work closely with your attorney so that you have a solid grasp on your rights and responsibilities as set forth in the contract. Realtors are not legally permitted to give legal advice to ...