Lawyers in Buffalo NY / The Attorney Approval Process of a Real Estate Transaction

The Attorney Approval Process of a Real Estate Transaction

Download Our Free Real Estate Guide
Are you going through a real estate transaction and want to know about the attorney approval process?  Check out this educational video by Buffalo Real Estate Lawyer Richard H. Cole to learn more. If you have questions about your real estate purchase or sale, contact us to schedule a consultation with an experienced real estate lawyer. 
  • One can enter into a contract before attorneys ever see it. The Erie County Bar Association contract, which is widely used in Western New York, allows attorneys three business days to review and approve a contract after they receive it.
  • The essential point is that, within the allotted time, an attorney can either approve the contract, conditionally approve the contract (if there is a need for clarification or an item that was left blank by mistake), or disapprove the contract.
  • If the attorney disapproves the contract, the transaction is over, but if the attorney approves the contract conditionally, the parties can meet and work through the conditions until they are resolved and the contract has an unconditional approval.
Download Our Free Real Estate Guide

    Contact Us

    The Role of a Real Estate Attorney in Cattaraugus County, NY: FAQs

    Real estate transactions involve a myriad of legal complexities that require careful navigation to ensure [...]

    Step-by-Step Guide to Buying a Home in Jamestown, NY: FAQs

    Embarking on the journey of purchasing a home in Jamestown, NY, can be an exciting [...]

    The Importance of Inspections When Buying West Seneca, New York Real Estate

    In the realm of real estate, the adage “buyer beware” underscores the importance of due [...]