• Xcf456@lemmy.nz
    link
    fedilink
    arrow-up
    5
    arrow-down
    1
    ·
    11 months ago

    Brb, telling my bank we took a vote in the house and decided we’ve reinterpreted our mortgage to mean we’ve paid enough now and they should get over it.

    • TagMeInSkipIGotThis@lemmy.nz
      link
      fedilink
      arrow-up
      4
      ·
      11 months ago

      One thing I haven’t seen anyone talk about yet is what would unilaterally re-interpreting the terms of this treaty say to all of our international partners with whom we have a multitude of treaties.

    • absGeekNZ@lemmy.nz
      link
      fedilink
      English
      arrow-up
      3
      ·
      11 months ago

      Using your example:

      There are two versions of the mortgage contract, both drawn up by the bank, but slightly different.
      In your version there is the right to have your vote and decide that the mortgage is no longer valid.
      In the banks version the clause is the same, but for the small difference in wording, that means that the bank has to also vote the same way.

      The bank is only really interested in its version as it has various advantages for them, the complication is that you only signed your version and the bank signed their version.

      In modern contract law, this couldn’t happen, there is only one valid contract…but the complication lies in the fact that we are talking about a situation long in the past and we cannot correct the contracts.

    • Ilovethebomb@lemmy.nz
      link
      fedilink
      arrow-up
      2
      arrow-down
      3
      ·
      11 months ago

      This would be more equivalent to the previous owner of your house trying to tell you what to do with your sewerage and drinking water, even though you bought the house off them.