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Every transaction is different. This outline shows the usual order of events for a purchase; your attorney will confirm the dates in your contract.
Both parties sign the contract prepared by the licensee.
Three business days for covered contracts, not counting weekends and legal holidays.
Deposits are made and inspections are scheduled within the contract's deadlines.
The lender issues its commitment by the date in the contract, if financing applies.
The title company searches the property's title and arranges insurance.
The buyer confirms the property's condition shortly before closing.
Documents are signed, funds are transferred, and the deed is recorded.
This is general information, not legal advice. For questions about a specific contract or lease, please speak with a New Jersey real estate attorney.