Time is of the Essence – Affected by “Good Faith” Doctrine #302

By Gerry NeelyB.A., LL.B. The decision in the Beka v. Share case referred to in the preceding Column #301 was based upon the judge’s conclusion that the parties, by agreeing to fix a new date, had waived time is of the essence. The “time is of the essence” clause raises another issue that may affect the rights of …