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Abstract. The most natural, compositional, way of modeling real-time systems uses a dense domain for time. The satistiability of timing constraints that are capable of expressing punctuality in this model, however, is known to be undecidable. We introduce a temporal language that can constrain the time difference between events only with finite, yet arbitrary, precision and show the resulting logic to be EXPSPACE-complete. This result allows us to develop an algorithm for the verification of timing properties of real-time systems with a dense semantics. Categories and Subject Descriptors: C.3 [Special-Purpose and Application-Based Systems]--real