Is the closing date listed on the contract a sure thing?
No. It is an estimated closing date. The buyer or the seller can move the closing date up to 14 days later without penalty. The only way to get the exact closing date set in stone is to include the words ‘Time of the Essence’ on the contract.
McOmber McOmber & Luber
McOmber McOmber & Luber is focused on delivering exceptional representation and responsive client service. We tailor innovative and cost-effective solutions for each matter we handle.
No aspect of this advertisement has been approved by the Supreme Court of New Jersey.
This website’s information does not, and is not intended to, constitute legal advice or form an attorney-client relationship. All content is for general information and may not constitute the most up-to-date legal information. You should consult with an attorney for advice on specific legal problems. Read the full Disclaimer here.