Key legal question
Whether the settlement agreement was voidable for fundamental error about the landlord's identity
Extracted holding
Yes. The tenants' mistaken belief that the defendant was still the landlord concerned an objectively essential basis of the settlement.
Extracted reasoning
The settlement would not have been concluded had the true ownership been known. The legal situation would have been materially different because a settlement with the wrong party would generally not bind the actual landlord and would give the tenants no enforceable rights against the company.