On Thu, 25 Dec 2003 06:22:33 GMT, "Andrew Koenig" wrote:

That's the chance you take when you want to play it safe. Better safe than
sorry. Anyway, when you sign the binder 'Subject to Attorney's Approval',
you get your attorney to look at it within a day or so and if he approves,
you set up a contract.

Maybe I'm mistaken, but I am under the impression that there is a federal
law that allows either party to any real-estate contract to cancel the
contract within three days of signing for any reason.


I hold a real estate license and I never heard of it applying in real
estate. I have heard of it tho. I need to refresh my memory when
this law kicks in.