# Misrepresentation Legal Agreement
**THIS AGREEMENT** is made on the __[insert date]__.
**BETWEEN:**
**[Party A's Name]**
Address: __[Party A's Address]__
Contact: __[Party A's Contact Information]__
*Hereinafter referred to as "Party A"*
AND
**[Party B's Name]**
Address: __[Party B's Address]__
Contact: __[Party B's Contact Information]__
*Hereinafter referred to as "Party B"*
## 1. BACKGROUND
This Agreement addresses a misrepresentation of material facts that occurred prior to the signing of this contract, which has impacted the negotiations between the parties.
## 2. DEFINITIONS
**2.1 "Misrepresentation"** refers to a false statement of fact made by one party to another, which induces the other party to enter into a contract.
**2.2 "Material Facts"** are those facts that would likely influence a reasonable person's decision to enter into the contract.
## 3. REPRESENTATIONS
**3.1 Party A's Representations**
Party A makes the following representations to Party B:
- __[Include specific misrepresentations made by Party A, e.g., about the quality, value, condition of goods/services, or other material facts]__.
**3.2 Acknowledgment by Party B**
Party B acknowledges that the representations made by Party A were relied upon in entering into this Agreement.
## 4. REMEDIES
**4.1 Remedies for Misrepresentation**
In the event that it is determined that misrepresentation has occurred:
- Party B shall have the right to rescind this Agreement and seek damages as appropriate based on the nature of the misrepresentation.
**4.2 Timeframe for Notification**
Party B must notify Party A of any claim relating to misrepresentation within __[insert number]__ days of becoming aware of the misrepresentation.
## 5. DISCLAIMER
**5.1 No Liability for Unintentional Misrepresentation**
Party A shall not be liable for any inadvertent misrepresentations made in good faith, provided that such representations are promptly corrected.
## 6. GOVERNING LAW
This Agreement shall be governed by and construed in accordance with the laws of __[insert jurisdiction]__.
## 7. ENTIRE AGREEMENT
This Agreement constitutes the entire agreement between the parties regarding the misrepresentation and supersedes all prior understandings and agreements, whether written or oral, relating to the subject matter herein.
## 8. AMENDMENTS
No amendment or modification of this Agreement shall be valid unless made in writing and signed by both parties.
## 9. SIGNATURES
IN WITNESS WHEREOF, the parties hereto have executed this Misrepresentation Legal Agreement as of the date first above written.
**Party A:**
Signature: ______________________
Name: __[Party A's Name]__
Date: ___________________________
**Party B:**
Signature: ______________________
Name: __[Party B's Name]__
Date: ___________________________
---
**Note:** It is recommended that each party consult with legal counsel before entering into this Agreement to ensure their rights and interests are adequately protected.