Time is of the essence…

But what does that really mean?

It may seem obvious, but in a contract, this phrase means any delay can be treated as a breach or violation of the agreement.

So, next time you sign a contract with these words, ask yourself, ‘Can I strictly comply with all deadlines?’

Disclaimer

The information shared on this blog is for general information purposes only and does not constitute legal advice. Viewing, liking, commenting, or sharing this content does not create an attorney-client relationship. If you have specific legal questions about a case, please consult a licensed attorney in your jurisdiction.