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Updated about 9 years ago on . Most recent reply

User Stats

32
Posts
20
Votes
Edward A.
  • Rental Property Investor
  • Philadelphia, PA
20
Votes |
32
Posts

"Subject to getting a satisfactory attorney review of offer"

Edward A.
  • Rental Property Investor
  • Philadelphia, PA
Posted

Is this an effective contingency to have on a purchase agreement offer?

I'd like to get an attorney involved with reviewing all of the documentation pertaining to a purchase agreement, but not until after the seller has accepted. Is this a common contingency used? Can an attorney completely overhaul the offer once they review? Obviously I wouldn't want to make big changes if the seller already accepted, but I'm just wondering what kind of freedom I have here.

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