BY: Follow @TheWiserChoice. May 14, 2015 4:21 pm. Republican lawmakers in Congress are now significantly younger on average than their Democratic counterparts, according to statistics that contradict the perception of the GOP as the party of old white men.
Time is of the essence notice for real estate purchase. Closing date in contract says on or about 60 days. We will soon hit the 60 day mark from contract date and seller is not planning to close anytime soon. We are clear to close.
Most real estate purchase agreements will specify a fixed date for closing. Some, though not all, will also contain a âtime of the essenceâ clause. A time of the essence provision effectively makes the closing date a drop dead date. If that date passes and the sale has not closed, either party can back out of the deal.