Redact Legal New Jersey Home Sale Forms For Free

New Jersey law does not require the use of an attorney for real estate transactions. However, many state residents still decide to engage legal advice when buying or selling a home. Review the common situations when a real estate attorney can assist with a New Jersey sale or purchase.

Selling a house ?as is? in New Jersey means that, as a seller, you are not intending to make any repairs or updates to the property and, to the extent that any defects exist in the property, you will not fix those defects prior to closing on the property and the buyer will purchase the property with those defects.

In New Jersey, the elements of a valid contract are: ? An offer (see Offer). An acceptance (see Acceptance). Consideration (see Consideration). Mutual assent and intent to be bound (see Mutual Assent and Intent to be Bound).

Selling a house ?as is? is legal in New Jersey. Although you can sell a house in ?as is? condition, the law concerning seller disclosures, affirmative representations, contractual obligations, and local, state and federal regulations still apply. ?As is? is not freedom to disregard the property condition.

For a typical residential real estate transaction, an attorney's fees could range from $1,500 to $2,000 or more, on average, depending on the circumstances.

Typical Cost Range On average, the cost of hiring a real estate attorney in the U.S. can range between $500 to $1,500 for a standard transaction. If the attorney charges by the hour, expect rates between $150 to $350 per hour. However, it's crucial to obtain multiple quotes and understand what's included in the price.