Definition of "Reformed"

Susana Moor real estate agent
Susana Moor, Real Estate Agent La Rosa Realty

Correction of a contract containing a mistake in order to prevent a party to that contract from gaining from that mistake. For example, if $1,000,000, instead of the correct amount of $100,000, is filled in the blank for property coverage, it will be corrected to the intended $100,000 amount.

 

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