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Release & Settlement Agreements Legal Forms

Agreements used to release another party from liability for a debt, expense, ongoing litigtion claim or to settle any disputes.

Contrary to popular belief, after suffering an injury, damage or perceived wrong, the most common result is not a court verdict, but rather a negotiated settlement. Due to expenses surrounding litigation, many parties will often come to an agreement that releases one party from liability for an accident/act and provides the injured party with compensation for their claim in the form of a Release and Settlements Agreement.

A Settlement Agreement should achieve the following goals:
  • Release - provide the alleged damaging party with a strong and defensible release for all liability associated with the claim.
  • Consideration - paid to the injured party in the form of cash or other valuable consideration.
  • Clarity - the agreement should be clear as to the extent and finality of the settlement and release.

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