Statement of Critical Dates

A Statement of Critical Dates is a document commonly used in legal agreements or real estate transactions that outlines key deadlines and important dates that the parties involved must adhere to. This document typically includes dates for contract signing, due diligence periods, financing approval, inspection deadlines, closing dates, and any other significant milestones that are crucial to the successful execution of the agreement. The Statement of Critical Dates ensures that all parties are aware of and agree to the timeline, helping to prevent any misunderstandings or delays in the process.