This article investigates the treatment of time as a manifestation of the modern phenomenon of simultaneity and the Neo-Baroque in three Latin American authors of modern literature: Juan Rulfo, Julio Cortázar and José Lezama Lima. I compare these authors in terms of the postmodern/Neo-Baroque dialectic in Latin America and its Northern Hemisphere variation: The transreal movement in North America. Considered on a theoretical basis, the kind of time that is manifest in modern Latin American literature is acausal and non-linear. These non-linear time schemes reflect the changing consciousness of modern authors and connect them to a syncretism of indigenous and colonial frameworks of time. The works treated in this study represent a kind of hybrid literature in which the spatialization of time imposes a pattern and sequence that demands a new way of reading, interpreting and understanding literature in the twentieth and twenty-first centuries.