Contracts Practice Question | Real Estate Exam | EstatePass

Contracts

The 'time is of the essence' contract clause in real estate contracts generally has to do with what?

A

Lease

B

Recording

C

Performance

D

Delivery of title

Explanation

'Time is of the essence' means deadlines must be met strictly, relating to performance of contract terms.

More Contracts Questions

Which of the following is NOT a requirement for a valid real estate contract?

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A bilateral contract is one in which:

The statute of frauds requires that:

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