When calendar days or business days are not specified in the contract, which on applies?
referencing a financing contingency and days to obtain a loan
Unless otherwise specified in the contract, the meaning of time is counted as calendar days in ordinary practice. The question comes in to play being how to contact someone. If the contract specifies how to notify a party, then that may presume that notice may be impossible on certain days when there is no way to contact the other party. So the entire agreement must be reviewed to see if there are unspecified but implied days that are not counted.
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If not specified it’s usually calendar days. However if you are referring to an As Is contract for residential real estate I would caution you about closing without an attorney representing you. All real estate contracts carry lots of legal ramifications and if you don’t have someone protecting your interests then you could stand to lose. Have an attorney review the financing contingency clause for free and then advise what you can do. You can typically email to attorney for review
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