Legal Question in Real Estate Law in New Jersey

In New Jersey where there is a 3 day right of recission,do I need to sign contracts 4/27/10 or 4/30/10 to qualify for First Time Homebuyer Tax Credit


Asked on 4/26/10, 5:10 pm

1 Answer from Attorneys

Amy Klauber Klauber & Klauber, LLP

In NJ, there is a 3 day attorney review period. Although I have not reviewed the terms of the proposed tax credit by the government, realtors that I work with have advised me that you would need to be out of review by April 30 to qualify for the tax credit. If you need further assistance, please contact me at 732-663-1500.

Thank you.

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Answered on 5/01/10, 5:23 pm


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