Document background
A Deed of Mutual Release is commonly used when parties wish to resolve disputes or potential claims without litigation. This document is particularly useful in business settlements, employment separations, or contract terminations where both parties have potential claims against each other. In the United States, the deed must comply with state-specific requirements and typically includes detailed descriptions of released claims, consideration provided, and any exceptions to the release. The document provides finality and certainty to both parties by preventing future legal actions related to the released matters.
