Final answer:
Attorney Review usually refers to a three-business-day period for the review of a real estate contract by the buyer's and seller's attorneys, which may vary by state laws and contract terms.
Step-by-step explanation:
The term Attorney Review typically refers to a period after a real estate contract has been signed during which the attorneys for the buyer and the seller review the terms of the contract. The number of business days for this review can vary based on state laws and the terms agreed upon by the parties involved; however, a common standard is three business days. This time allows for any necessary revisions and, if required, cancellation of the contract without penalty. It's important for both parties to understand this period clearly, as it can have legal implications for the real estate transaction.