✍️ Rectification of contract
About this category
A rectification of contract is a legal remedy that can be used to correct errors in a contract. This can be done either by changing the contract itself, or by making a new contract that replaces the old one. The main purpose of rectification is to make sure that the contract reflects the true intentions of the parties, and to prevent one party from unfairly taking advantage of the other.
✍️ Rectification of contract
templates
Standard Deed of Rectification
This document provides a framework to legally correct an existing document related to real property.
What to watch out for
Make sure that the document accurately reflects the agreement between the parties. Ensure that the document is properly executed and witnessed. Make sure that the document is registered with the relevant authority.
Deed of Rectification (Existing Contract)
This deed is used to rectify an existing contract. It includes an optional clause for a guarantor of the existing contract to consent to the rectification.
What to watch out for
Ensure that all parties to the original contract are included in the deed of rectification Check that the deed of rectification accurately reflects the changes that are being made to the contract If a guarantor is consenting to the rectification, make sure that their rights and obligations are clearAssociated business activities
Rectify a property agreement
1.If someone wants to change or correct a property agreement, they may want to use rectification of contract. 2. This is because rectification of contract can be used to change an agreement if both parties agree to the changes and there is clear evidence of what the original agreement was. 3. This can be useful if there has been a mistake made in the agreement, or if something has changed since the agreement was made and both parties want to change the agreement to reflect this.
Legal firms who might be able to help
Note: Although we list lawyers as well as legal firms who may be able to help, this does not indicate that the listed law firms have an affiliation or partnership with Genie AI.
Online Legal Q&A Service (Fixed-Price)
Legal Platform
07982719527
Bespoke Contracts Drafting (Fixed-Price)
Legal Platform
07982719527
