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Small Claims Release Form
"I need a Small Claims Release Form to settle a dispute with a building contractor over incomplete renovation work, with a settlement amount of £8,500 to be paid in three installments, and I want to include a confidentiality clause to keep the terms private."
1. Parties: Identifies the releasing and released parties
2. Background: Brief description of the dispute and claim number
3. Definitions: Key terms used in the release
4. Settlement Amount: Specifies the agreed settlement sum
5. Release Terms: Details of what claims are being released
6. Payment Terms: How and when payment will be made
7. Signatures: Execution blocks for all parties
1. Confidentiality: Used when parties want to keep settlement terms private
2. Non-admission: States settlement is not admission of liability
3. Tax Implications: Addresses tax treatment of settlement
1. Payment Schedule: If payment is to be made in installments
2. Related Claims: List of all claims being settled if multiple exist
3. Evidence of Authority: If signing on behalf of company or another person
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