HOW TO CORRECT ERRORS IN LAND/PROPERTY & BUSINESS AGREEMENT

HOW TO CORRECT ERRORS IN LAND/PROPERTY & BUSINESS AGREEMENT

One careless correction, a dab of correction fluid on a land/building/property or business Agreement/document can invalidate the entire document, become suspicious, weak or unreliable.

Never amend a property or business Agreement/Contract with a pen. Handwritten alterations, cancellations, overwriting or correction fluid should be avoided.

Legally, it raises red flags: who made the change? When was it made? Was everyone aware? Was consent obtained?

These questions may badly affect a transaction, defeat a claim or hand victory to the other party.

Once parties have signed an Agreement, any attempt to casually alter it opens the door to allegations of fraud, forgery, manipulation or lack of consent.

Even when the intention is innocent, the damage is done.

The proper solution is to prepare a supplementary Agreement/Contract or prepare a fresh Agreement.

A supplementary agreement references the original document and precisely states what is being changed, added or removed.

Where the changes are substantial, make a fresh Agreement.

Avoid scribbled corrections and mutilation.

In property and business dealings, things should be done right. When a document needs correction, do not reach for a pen. Reach for a Lawyer.

Legal correctness is the foundation on which enforceable rights, secure ownership and lasting transactions are built.

Act right.

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APEX CHAMBERS, Law Firm of Property/Real Estate and Business/Corporate/Commercial Lawyers, Attorneys, Barristers, Solicitors, Advocates and Legal Practitioners rendering legal services, Legal Consultants and Notary Public with Law Office in Port Harcourt, Rivers State, Nigeria

Phone: +234(0)7030868694 (Calls and Whatsapp)
Email: info@apexchambersglobal.com
Website: www.apexchambersglobal.com.