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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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windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
BulbasaurNoLikeCardio
7:51
@texaslawhopefully: best prices and only fast food that doesn't make me sick
matt gaetz ethics report released
paid for sex with a junior in high school
guarantee people still defend him
BulbasaurNoLikeCardio
9:51
I only read headlines and skimmed a random article of it since I am the only one at work this week. Seems like he is Republican Hunter Biden but not at the paying rent with poop paintings stage
ImpartialLion
9:55
Sent in my transcript at 6 am today and it’s processing. Think it will be processed before lsac closes tmrw?
BulbasaurNoLikeCardio
9:58
I would say it is a toss up, for how much LSAC charges us for everything they are extremely efficient in processing and sending stuff out BUT with a 30% uptake in applicants and the holidays it may be significantly slower unless it is ran through and processed by a computer program. Even if it takes them longer to process it, not like there is anyone at a school to request and review it after LSAC does their thing
Do we know if any of the t14 open at all this week
just called Fordham. they said there will be decisions going out today
so congratulations on pre xmas waves
BulbasaurNoLikeCardio
10:27
Hope schools are chill and just send As leaving the Rs for next month lol
soap
10:49
Fingers crossed for good luck today
BulbasaurNoLikeCardio
10:56
@soap: really hoping to get that UTK call today
11:08
what if instead of a room of one’s own virgina Woolf wrote a cubicle of one’s own
UGA ED deferrals are coming out rn
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