Meaning
Unbroken consensus between contracting parties regarding the terms of their transaction must exist from the initial accord until the execution of the final document. To succeed in a claim for rectification, a claimant must demonstrate a continuous common intention that remained unchanged throughout the drafting process. This requirement prevents a party from enforcing a term that was altered by mistake during the late stages of a deal.
Subjective Accord
Minds must align continuously on both sides as a shared expectation. It must exist continuously and relate to the same specific outcome. Demonstrating this alignment requires a clear chronological sequence of events showing no departure from the agreed path.
Documentary Record
Evidence of this ongoing agreement is found in draft agreements, emails, and notes of meetings. Written communications during the deal provide the necessary foundation for demonstrating that the parties never deviated from their original plan. Without these records, the claim of an unbroken consensus is difficult to establish.
Rectification Threshold
The standard for altering a signed agreement is exceptionally high to protect the security of contracts. A court will not rewrite a contract based on a fleeting agreement that the parties subsequently abandoned or modified. The intention must persist up to the very second the contract is executed.
This prevents parties from using rectification as a tool to escape bad bargains or renegotiate terms they regret. It ensures that the written document remains the definitive source of obligations.