Contracts
In Illinois, the attorney review period on a residential real estate contract typically begins:
AAt the time the offer is presented
BAfter the final acceptance of a written contract✓ Correct
COnly if requested in writing by a party's attorney
DAfter the home inspection is completed
Explanation
In Illinois, the attorney review period customarily begins after final acceptance of the written contract. The Illinois REALTORS® standard residential contract includes an attorney approval contingency, which allows the buyer's or seller's attorney to disapprove, modify, or withdraw from the contract within a specified period (often 5 business days) after final acceptance.
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