cure period
Recovery waiting interval
A cure period is a specified timeframe during which a party who has breached a contract or defaulted on an obligation may remedy the violation before facing penalties, termination, or legal action.
Common in loan agreements, leases, and business contracts: The tenant has a thirty-day cure period to pay overdue rent.
Also called a grace period or remedy period.
- dryingMoisture removal process
- drying timePeriod until moisture gone
- settingContext of events
- set timePredetermined scheduled moment
- concreteSolid building mixture
hardening · full strength · adhesive · epoxy · bonding · maturation · aging · waiting · duration · resin · coating · polymer · seal · treatment · moisture · time · strength · chemical
- contractsbinding contracts, contract length, lease, clause, contract terms
- Contract disputesbreach, nonpayment, fraud, misrepresentation, termination
- contract termscontract terms, agreement, terms, conditions, condition
- leasinglease agreement, tenant, lease term, lease terms, rent
- contract clausesseverability clause, termination clause, confidentiality clause, force majeure, dispute resolution
- foreclosureforeclosure auction, forced sale, foreclosure prevention, foreclosure notice, foreclosure sale