Document background
A Deed of Termination and Release is commonly used when parties wish to formally end their contractual relationship and ensure a clean break with no lingering obligations or potential claims. This document is particularly important in England and Wales where it provides enhanced legal protection due to its status as a deed. It should be used when parties want to document the termination of an agreement, confirm that all obligations have been fulfilled or waived, and obtain mutual releases from future claims. The deed typically includes details of the original agreement, the effective date of termination, any survival provisions, and comprehensive release clauses.
