The Fine Print on Fine Print
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DISTRICT: Sellers have 10 business days after accepting an offer to produce the resale package. Buyers have three business days to review the documents, during which time they can walk away from the deal without penalty. In a new-construction or conversion condo, the buyer has 15 days to review the public offering statement provided by the developer.
VIRGINIA: There is no specific time frame for the sellers to produce the resale package. Buyers have three days to review the documents if they receive them electronically and six days if they are delivered by mail. Buyers of new condos have 10 calendar days to review the public offering statement provided by the developer.
MARYLAND: Sellers must provide the resale package 15 days before the closing. Buyers have seven days to review the documents. Buyers of new condos have 15 days to review the developer's public offering statement.
