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Deed Release Agreement

Deed Release Agreement Template for India

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Key Requirements PROMPT example:

Deed Release Agreement

"I need a Deed Release Agreement between my software company and a former contractor to settle intellectual property disputes and release all claims related to code developed during their engagement, which ended in January 2025."

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Document background
The Deed Release Agreement is a crucial legal instrument under Indian law used when parties wish to formally and permanently settle claims, discharge obligations, or release liabilities. It is commonly employed in various contexts including business settlements, property matters, employment terminations, or resolution of disputes. The document must be executed in accordance with Indian legal requirements, particularly the Transfer of Property Act, 1882, and the Registration Act, 1908. When properly executed, a Deed Release Agreement provides comprehensive protection against future claims and creates a legally binding record of the settlement terms. It's essential in situations where parties need clear documentation of the discharge of obligations and want to prevent future disputes regarding the released matters.
Suggested Sections

1. Parties: Identifies and defines all parties to the deed release, including their legal status and addresses

2. Background: Recitals explaining the context, existing relationship, and circumstances leading to the release

3. Definitions: Defines key terms used throughout the deed release agreement

4. Release and Discharge: Core provision detailing the specific claims, rights, or obligations being released

5. Consideration: States the consideration (if any) being provided for the release

6. Representations and Warranties: Statements by parties confirming their authority, understanding, and capacity to enter into the release

7. Further Assurance: Commitment to execute additional documents or take further actions if needed to give effect to the release

8. Governing Law and Jurisdiction: Specifies Indian law as governing law and establishes jurisdiction for disputes

9. Execution: Formal execution block meeting Indian legal requirements for deeds

Optional Sections

1. Confidentiality: Include when parties wish to keep the terms of the release or underlying dispute confidential

2. Non-Admission of Liability: Include when the releasing party wishes to explicitly state that the release does not constitute admission of liability

3. Indemnification: Include when one party agrees to protect the other against future claims related to the released matters

4. Severability: Include when parties want to ensure partial invalidity doesn't affect the entire agreement

5. Third Party Rights: Include when the release affects rights of parties not directly signing the deed

6. Return of Property/Documents: Include when physical items or documents need to be returned as part of the release

Suggested Schedules

1. Schedule 1 - Released Claims: Detailed list of specific claims, disputes, or matters being released

2. Schedule 2 - Released Properties: Description of any specific properties or assets involved in the release

3. Schedule 3 - Related Agreements: List of any agreements being terminated or affected by the release

4. Appendix A - Supporting Documents: Copies of relevant documents referenced in the release

5. Appendix B - Payment Details: Details of any settlement amounts and payment terms if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
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Relevant Industries

Real Estate

Banking and Finance

Manufacturing

Information Technology

Construction

Healthcare

Retail

Professional Services

Energy

Infrastructure

Telecommunications

Education

Relevant Teams

Legal

Finance

Compliance

Risk Management

Corporate Affairs

Human Resources

Operations

Property Management

Contract Administration

Business Development

Relevant Roles

Chief Executive Officer

Managing Director

Legal Counsel

Company Secretary

Chief Financial Officer

Risk Manager

Compliance Officer

Property Manager

Contract Manager

Business Development Manager

Human Resources Director

Settlement Officer

Corporate Lawyer

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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