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For example, if a contract does not fix a specific time for performance, the law will infer (and impose) a reasonable time for such performance. This is defined as that amount of time which is fairly necessary, conveniently, to do what the contract requires to be done, as soon as circumstances permit.
For example, if a contract does not fix a specific time for performance, the law will infer (and impose) a reasonable time for such performance. This is defined as that amount of time which is fairly necessary, conveniently, to do what the contract requires to be done, as soon as circumstances permit.
In contracts, reasonable time refers to the time needed to do what a contract requires to be done, based on subjective circumstances. If the parties entering the contract do not fix a time for performance, the law will infer a reasonable time within which it should be done.
Here's my rule of thumb: contracts can be one page, a couple of pages, a few pages, but shouldn't be longer than 20 pages. Anything longer is a sure sign of a lawyer who is cutting and pasting provisions from past contracts into a new contract.
The term "reasonable time" with respect to a property with repeat notices of violation within any twelve (12) month time period shall mean a time period not less than twenty-four (24) hours and not more than ten (10) calendar days, with due consideration to the factors listed above.