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Closing Dates and Time Is Of The Essence Letters

In an ideal world, every transaction progresses smoothly, the closing occurs about sixty days after the contract is signed, and the keys to the home pass from seller to buyer. However, there are transactions when the closing date comes and goes and the closing is still not yet scheduled. At that point, an attorney may issue what’s called a “time is of the essence” letter.

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ABC's of Depositions

Chances are you’ve never been deposed before now, so it can seem a bit scary. The idea of sitting in a little conference room for a few hours being questioned by a lawyer in a suit is no one’s idea of a good time. I don’t think I’ve ever heard anyone say, “You know what I really enjoy? A good deposition.” Even lawyers.

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