Conrad Milwaukee Corp. v. Wasilewski

The plaintiff contends time is of the essence in respect to the expiration date of the option to purchase contained in the lease and such option expired before the defendant attempted to exercise it. It is further contended the option is expressed in unambiguous language and the expiration date cannot be modified by other documents or by oral testimony because of the parol-evidence rule and because such evidence would modify an essential term of an agreement required to be in writing by the statute of frauds.

The defendant argues time is not of the essence of the option because it is a part of…