Galaxy Corporation can seek legal redress to validate the initial agreement. In the lease agreement, elements such as offer and acceptance and consideration were present. Galaxy Corporation (Lessee), decided to lease the property based on the initial offer and the consideration . The lessor (Manner Investment Group) made the offer and provided the value (price). Galaxy Corporation demonstrated the willingness to perform the contract after the payment of the deposit and first month’s rent.
Galaxy Corporation should sue Manner Investment Group for introducing new considerations that were not discussed at the time the lessee agreed to perform the contract. It is vital to note that Manner Investment Group ought to have provided all the essential information that would be imperative in decision making. Galaxy Corporation agreed to the terms of the initial contract because of the consideration (value) offered. Any increment in value increases the cost of the lease, which burdens Galaxy Corporation. If the information on real property taxes, insurance premiums, and common area costs had been revealed in advance, Galaxy Corporation would have been able to make an informed decision.
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There is an issue of misrepresentation of material facts. In other words, there was a deliberate act to conceal vital information about the contract, which misled Galaxy Corporation. Had the material facts been provided at the time the two parties met to discuss the agreement , Galaxy Corporation would not have started to perform the contract. Galaxy Corporation would not have known if there were any more additional charges. The lessee depended on the lessor to make all the material facts available for consideration purposes. For these reasons, Manner Investment Group ought to be compelled by the court to stick to the initial agreement. As it now stands, the introduced changes make the contract defective and might plunge Galaxy Corporation into losses.
