The Top 10 Largest European Cities. Although the three largest cities of the world all are Asian cities, there are quite a few metropoles on the European continent as well. Two of these cities even have more than ten million inhabitants, ranking these cities amongst the largest cities in the world as well. 1. Istanbul (Turkey) â 11,4 million inhabitants.
A flat fee also could be assessed. Real estate purchase agreements contain time is of the essence language to hold firm closing dates regardless of any reasons brought up by the buyer or seller to change that date. If either party exceeds the time is of the essence closing date, the sale could be canceled.
Extension. A seller awaiting a buyer to close on a home can extend the contract if the buyer misses the closing date. An extension to the contract allows the buyer and seller to set a new closing date.The amount of extended time can vary, depending upon how long the seller is willing to wait, as well as the purchaser.ccasionally, a real estate transaction will close on time. But more often than not, real estate transactions close after the agreed upon closing date, and frequently this is due to delays on the part of the buyer.