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Permalink Reply by Adam Martin on October 16, 2014 at 11:20am

I've never seen this before but if you signed the lease before knowing the full value of the property, I would say it doesn't hurt to ask them. How long is your lease for, is it near the expiration and do they have any ability to extend it? Like I said, I would ask them under the premise that the original lease is under valued and ultimately, I would try to find a good lawyer in your area to handle negotiations of the amendment as well as any re-negotiation.

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Permalink Reply by Gunner Ostergard on October 16, 2014 at 11:23am

Be very carefull,  don't sign anything unless it benefits you.  Your signature is worth a lot of money.

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Permalink Reply by Dexter Green on October 16, 2014 at 11:27am

Does your lease say you'll sign any documents needed to fully execute and operate your lease?  Because if so a corrective lease or amendment is sort of something you already agreed to.  This is not uncommon.  Look at the language of the original lease and see what's required of you in these situations.

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Permalink Reply by Chris on October 16, 2014 at 11:42am

It's just to correct something that should have already been in the contract. There probably is a curative clause in your lease. They aren't going to give you money for correcting a typo.

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Permalink Reply by Keith Butcher on October 16, 2014 at 7:40pm

 I agree with Chris, rarely does a court of law recognize a "typo" as a reason for negating an agreement. However by being diligent you have everything to gain and absolutely nothing to lose by checking it out first

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