What Is the Effective Date of a Real Estate Contract in New Jersey?

This question is about New Jersey Real Estate Purchase Agreement

What Is the Effective Date of a Real Estate Contract in New Jersey?

The effective date of a real estate contract in New Jersey is the date that both the buyer and seller have agreed to all terms of the contract and have executed the contract. At this time, all of the contractual obligations will be bound and enforceable on the effective date.

The information for this answer was found on our New Jersey Real Estate Purchase Agreement answers.