(no subject)

[ivyfic]

I just got my lease renewal and am reading through it. Can someone explain to me this clause?

"Time is of the essence in this lease."

Comments

[amari-z.livejournal.com]

It's a term of art (legal speak) for if you don't do what the contract says by the time specified, you have committed a breach of the contract. That might seem obvious, but it is often not so in the bizarre world of the law. Without this language, some courts in some states will not strictly enforce dates in leases.

[ivy03.livejournal.com]

A ha! I knew I knew smart lawyer type people. Honestly, though, this lease is kind of a mess. The landlord misspelled my name on it and forgot the apartment number, both of which I fixed. It's supposed to be just a lease renewal, so here's another question--if it went to court, would this one supercede the original lease? It doesn't have a clause saying it would.