Legal Opinion

Gordon Development Group, Inc. v. Bradley

New Jersey Superior Court Appellate Division

Decided July 18, 2003PublishedCited by 1 opinion

1Opinion of the Court

The opinion of the court was delivered by

RODRÍGUEZ, A.A., J.A.D.

In this appeal, we hold that in a transaction involving the sale or lease of real estate, where the proposed contract has been prepared by a real estate broker, the three-day attorney review period mandated by caselaw and regulation,1 commences to run on the day after the delivery of a fully-executed contract to the buyer and the seller. Moreover, there is one period of attorney review for both buyer and seller.

I

The facts are not disputed. Gordon Development Group, Inc. (buyer), agreed to purchase real property, located in Lower…

2Cases cited9 opinions

  1. Weichert Co. Realtors v. RyanSupreme Court of New Jersey · 1992
  2. New Jersey State Bar Ass'n v. New Jersey Ass'n of Realtor BoardsSupreme Court of New Jersey · 1983
  3. New Jersey State Bar Ass'n v. New Jersey Ass'n of Realtor BoardsSupreme Court of New Jersey · 1983
  4. Calvert v. K. Hovnanian at Galloway, VI, Inc.Supreme Court of New Jersey · 1992
  5. Peterson v. Estate of PursellNew Jersey Superior Court Appellate Division · 2001

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3Cited by1 opinion

  1. Morton v. 4 Orchard Land TrustNew Jersey Superior Court Appellate Division · 2003

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