03/27/2026
Buying a home in Hamden or anywhere in CT? š Thereās one phrase in your contract that could cost you your entire deposit if you aren't careful: "Time is of the Essence."
In a standard deal, deadlines can be a little flexible. But once this clause is involved, a 5:00 PM deadline means 5:01 PM is a breach of contract.
Weāve broken down everything you need to know about these strict legal deadlines in our latest blog post, featuring expert insights from Redfin. https://www.redfin.com/blog/time-is-of-the-essence-in-real-estate/