Download Standard Release Form - Singapore

Standard Release Form for Singapore

Standard Release Form Template for Singapore

A Standard Release Form under Singapore law is a legally binding document that formally releases one party from liability, claims, or obligations to another party. It incorporates Singapore's common law principles and statutory requirements, including compliance with the Personal Data Protection Act and Electronic Transactions Act. The document serves as a clear record of the agreement between parties to relinquish specific rights or claims in exchange for consideration.

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What is a Standard Release Form?

The Standard Release Form is a crucial legal instrument in Singapore's business and legal landscape, used to formally document the voluntary relinquishment of rights, claims, or potential legal actions. This document is particularly important in situations involving settlement of disputes, participation in activities with inherent risks, or conclusion of business relationships. It must comply with Singapore's contract law principles and relevant statutes, including the Personal Data Protection Act and Electronic Transactions Act. The form typically includes clear identification of parties, specific rights being released, and consideration provided.

What sections should be included in a Standard Release Form?

1. Identification of Parties: Details of the releasing and released parties, including full names, addresses, and any relevant registration numbers

2. Recitals: Background information and context explaining the circumstances leading to the release

3. Definitions: Key terms used in the release form including 'Released Parties', 'Claims', and other relevant definitions

4. Release Clause: Core provision detailing the scope and nature of the release, including what claims or rights are being released

5. Consideration: Statement of the consideration being provided in exchange for the release

6. Execution Block: Signature blocks, witnessing provisions, and execution formalities

What sections are optional to include in a Standard Release Form?

1. Confidentiality: Provisions regarding the confidentiality of the release terms and any related information

2. Non-Disparagement: Clauses preventing parties from making negative statements about each other

3. Governing Law: Specification of jurisdiction and applicable law for dispute resolution

What schedules should be included in a Standard Release Form?

1. Schedule of Released Claims: Detailed enumeration of specific claims, rights, or causes of action being released

2. Schedule of Assets: Itemized list of any assets or rights involved in the release

3. Schedule of Parties: Comprehensive list of all releasing and released parties when multiple parties are involved

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

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Consent To Share Information

A Singaporean legal document authorizing personal data sharing with third parties under specific conditions.

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What is a Standard Release Form?

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What sections are optional to include in a Standard Release Form?

What schedules should be included in a Standard Release Form?

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