18 | Are You Bound by a Contract If the Info Is Wrong?

Are You Bound by a Contract If the Info Is Wrong?You signed a contract. But later, you realize some of the info in it was wrong. Can you still be legally bound? This episode breaks down a real $25,000 mistake—and what it teaches about signing contracts without double-checking the details.Why “I Didn’t Know” Doesn’t Work in LawThere’s a legal principle called “ignorance is not a defense.” If you sign something—even if the information inside is wrong—you’re likely still bound by it.One of Cory’s clients signed a commercial lease stating the property was 1,100 sq ft. Three years later, she discovered the space was only 800 sq ft. That mistake cost her over $25,000 in rent overpayment—and there was nothing she could do to recover it.Why This Matters for Wellness EntrepreneursWhether it’s a lease, a partnership agreement, or a contractor agreement, the fine print matters. You need to know:What you’re signingWhat’s factually accurateWhether your contract allows for corrections (amendments)What legal position you're in before things go wrongKey Takeaways:✔️ If you sign it, you’re usually bound—even if the info is wrong ✔️ Most contracts include clauses saying you had the chance to get legal advice ✔️ The time and cost to dispute a signed contract is rarely worth it ✔️ Review before signing—or risk costly surprises later🎧 Listen before you sign something you regret.📞 Book a legal call📸 Instagram👥 Join Our Facebook Group