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Publisher one

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Source file

Jurisdiction

England and Wales

Contract party

Relevant sectors

Type of legal document

🏡 Deed of release

Business activity

Release some mortgages

Why use a 🏡 Deed of release?

A deed of release is a legal document that outlines the terms of an agreement between two parties. The agreement typically involves one party releasing another party from any legal liability or obligation.

A Partial Deed of Release under UK law is a legal document that outlines the terms and conditions of a partial settlement or release of certain claims or obligations between two parties. Typically, this template is used when there is a desire to resolve only a portion of a larger dispute or legal matter, rather than fully extinguishing all rights and claims.

This document will specify the parties involved and provide a clear description of the particular claims or obligations that are being partially released or settled. It will also lay out the terms of the release, including any conditions or limitations, and may address issues such as payment obligations, confidentiality, non-disparagement clauses, or future liabilities.

The purpose of a Partial Deed of Release is to provide legal protection and clarity to both parties involved, ensuring that they understand the scope of the partial release and the implications it may have on their ongoing relationship or any future legal proceedings. It allows the parties to resolve a discrete part of their dispute or obligations without needing to address the entire matter.

It is important to note that a Partial Deed of Release is a legally binding agreement, and it is advisable to seek legal advice or consultation before drafting or entering into such a document. This template is specific to UK law, considering the jurisdiction's legal requirements and framework applicable to partial releases and settlements.

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