A contract for a sale of land from Evergreen Properties,Inc. ,to Longlife Investment Corporation contains an erroneous legal description.The most appropriate remedy for these parties is
A)damages.
B)reformation.
C)rescission.
D)specific performance.

Question

Quizplus · Accepted Answer

Reformation is the most appropriate remedy for an erroneous legal description in a contract for the sale of land. Reformation involves the correction of a mistake in a legal document to reflect the true intent of the parties. In this case, the legal description can be corrected to accurately describe the property being sold. Damages, rescission, and specific performance are not appropriate remedies for this type of mistake.

A Contract for a Sale of Land from Evergreen Properties,Inc