Contracts
Under Wisconsin law, mutual mistake of material fact in a real estate contract may entitle either party to:
AImmediate specific performance
BRescission of the contract✓ Correct
CA DSPS-mediated settlement
DAdditional earnest money from the other party
Explanation
When both parties to a Wisconsin real estate contract share a mutual mistake about a material fact at the time of contracting, either party may seek rescission (cancellation) of the contract.
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