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Simple English definitions for legal terms

collateral mistake

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A quick definition of collateral mistake:

Collateral mistake is when someone makes a mistake that doesn't really affect the agreement they made with someone else. It's not a big deal and doesn't change the validity of the agreement. For example, if someone accidentally wrote the wrong date on a contract, but everyone still knows what they meant, it's a collateral mistake. It's not important enough to change the agreement.

A more thorough explanation:

A collateral mistake is a mistake that does not relate to the nature of the contents of an agreement, but only to some external circumstance, so that the mistake has no effect on the validity of the agreement. It is also known as an inessential mistake, nonessential mistake, or collateral mistake.

Suppose a person agrees to buy a car from another person, but mistakenly believes that the car has a sunroof. However, the car does not have a sunroof. This is a collateral mistake because the mistake does not relate to the nature of the contents of the agreement, which is the sale of the car. The mistake has no effect on the validity of the agreement, and the person is still obligated to buy the car.

Another example of a collateral mistake is when a person agrees to rent an apartment, but mistakenly believes that the apartment has a dishwasher. However, the apartment does not have a dishwasher. This mistake does not affect the validity of the rental agreement, and the person is still obligated to pay rent for the apartment.

collateral matter | collateral mortgage

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lawguy we're nearly stats twins :D
13:13
I saw that, and I saw you got the Georgetown interview invite yesterday too! Goodluck!
you too haha, i was super surprised to have received one so early not gonna lie
i heard the group interview is really chill and I'm kinda excited to do it
seems cool
13:14
Yeah, 7sage has a page that talks about the questions for each schools interview, GULC's seems unique
13:15
Idk how much of an effect it has on admissions chances but should be cool either way
ive heard the conversion rate for gulc group interview is pretty high even moreso if you have the stats
it's hard to say but i've also heard that the group interview is harder to get than the alumni interview. but who really knows tbh
im p sure they don't interview everyone and getting one this early should be a great sign!
13:16
Yeah I've heard the same ab the group interview
13:17
So maybe I'll see you in D.C. a year from now lmao
initiallaw
13:32
Speaking of stat twins kazuyamishima were exact stat twins lol
17:13
Anyone going to the UGA zoom thing on the 22nd?
17:16
My bad, 24th*
Idk, what's it for?
@Law-Guy: How'd you get the Vandy fee waiver?
17:32
What does going ur3 in 3 days mean at Uva 😅
that you will get UR2 in 3 more
17:33
somethings gotta give
I’m new. What’s the UR and UR2?
17:35
I already went ur2. It’s the 3rd status date change
17:35
@RustyWrangler: attend one of their virtual info sessions and they'll send you a fee waiver
@Law-Guy: Awesome, thanks! I'll sign up rn!
i'm not entirely sure
They've recently been sending a lot of interview invites
It means status change?
17:47
Someone said there is a wl/r wave coming but how can that even be predicted 😭
17:48
Where?
Quillinit
17:50
This is obviously not true for UVA. Past years show they don't send any non A results until December
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