06/17/2026
While the phrase “Time Is of the Essence” may seem like standard language, it can have significant legal implications in a real estate contract. When included in a contract, a “Time Is of the Essence” clause makes all deadlines strict and enforceable. Missing a deadline by even a single day can result in default, making it important to have a real estate attorney involved throughout the transaction process. Learn more about this clause and how to protect yourself here - https://strangtryson.com/understanding-time-is-of-the-essence-in-florida-real-estate-contracts/