Real Estate Contract Mistakes: Accidentally Signed the Wrong Contract?

Did you sign the wrong real estate contract? No need to worry! While this can sometimes lead to complications, especially if it goes unnoticed for a while, signing the wrong contract is more common than you might think. In the fast-paced real estate industry, where there’s often a rush to finalize documents, it’s easy to mix up contracts that often look nearly identical. This can make it challenging to keep track, leading to occasional mistakes in sending or signing.

Common Issues from Signing the Wrong Contract

A simple mix-up could potentially cause significant issues if it goes undiscovered, such as accidentally buying or selling the wrong property. Problems might arise from:

• Recording errors

• Title issues

• Deeds

• Payments made under the wrong contract

Legal Solutions for Contract Mistakes

Fortunately, the law provides options to address contract mistakes. If you believed you were signing a different document than the one you actually signed, it may be considered a “mistake of fact” in the contract process. When a mistake of fact occurs, it can be grounds to:

• Amend the contract

• Void the contract

• Rescind the contract

This legal provision ensures contracts aren’t enforced when there was no “meeting of the minds,” meaning one or both parties did not intend to enter that specific contract.

If you’re facing any real estate contract issues, including accidentally signing the wrong one, GLO can help. Please fill out an intake form to schedule a consultation with our team.

GLO has prepared this blog to provide general information on legal issues that may be of interest. This blog does not provide legal advice for any specific situation, and this does not create an attorney-client relationship between any reader and GLO or its attorneys. GLO engages clients only through specific fee arrangements and signed engagement letters. GLO does not guarantee any results.