Time Of The Essence Version 2

Time Of The Essence Version 2

Dear :

Pursuant to Paragraph of the above referenced Contract, a closing date of was set forth, which date has since passed and that the said Contract provision has not been extended in accordance with the terms of the Contract.

As a result thereof, a closing is hereby scheduled for at to take place at the offices of ("Closing Date"), TIME BEING OF THE ESSENCE , whereat the seller will tender and deliver the deed to the Premises and any and all other documentation necessary to transfer title to the Premises in accordance with the terms, provisions and conditions of the Contract.

Your failure to appear at the closing ready, willing and able to purchase the premises on the Closing Date shall be deemed a breach of the Contract and seller shall avail itself of any and all remedies afforded to it under the law and Contract, including, but not limited to, the retention of the Contract deposit.

Very Truly Yours,