Time is of the Essence Provision in Contract

If a contract specifically states that “time is of the essence” then the party that does not comply with the times set out in the contract can be liable for delay. Alpine Const. Co. v. Water Works Bd. of City of Birmingham, 377 So.2d 954, 956 (Ala. 1979). If there is no provision regarding time being essential to the contract, courts, under principles of equity, can allow a party to be relieved of the strict time constraints of a contract. Id.