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rectification


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N.

The correction of a document if it does not correctly express the common intention of the parties to it. Conveyances, leases, contracts, and certain registers of companies may be rectified on application to the court; the court exercises the jurisdiction to rectify with very great caution and only on the most cogent evidence. Parties to a document may, by agreement, rectify it without the court's consent, provided that the rights of third parties are not affected.

Subjects: Law.


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