What legal term describes the act of revoking an agreement due to undue influence?

The legal term that describes the act of revoking an agreement due to undue influence is rescission. Rescission is a remedy that allows a party to cancel a contract and return both parties to their pre-contractual status due to issues like misrepresentation, fraud, or undue influence. In the context of undue influence, this can occur when one party uses their position of power or trust to manipulate another party into signing a contract without fully understanding the implications, resulting in an agreement that may not reflect the true intentions of the influenced party.

This concept is important in real estate as it ensures that all parties involved in a transaction are entering agreements freely and knowingly, without coercion or undue pressure. If a contract is rescinded, it means that it is treated as if it never existed, allowing the wronged party to seek remedies such as the return of any funds exchanged.

Ratification refers to the process where a party confirms or adopts an agreement, typically after it has been executed, making it valid retroactively. Termination usually describes the end of a contract or agreement by mutual consent or expiration. Suspension refers to the temporary halting of an agreement's enforcement but does not necessarily involve revoking the agreement itself. Each of these terms highlights different aspects of