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Deed Release Form
"I need a Deed Release Form to formalize the settlement of a construction dispute with ABC Construction Sdn Bhd, releasing all claims related to the delayed completion of our office building project, with a settlement payment of RM 500,000 to be made by March 15, 2025."
1. Parties: Identification of the Releasor and Releasee with full legal names and addresses
2. Background: Context of the original obligation or dispute and the reason for the release
3. Definitions: Key terms used in the deed including 'Released Claims', 'Effective Date', and other relevant definitions
4. Release and Discharge: The main operative clause detailing the scope of release and discharge from obligations or claims
5. Consideration: Statement of the consideration being provided for the release
6. Representations and Warranties: Basic warranties about the authority to enter into the release and understanding of its implications
7. Governing Law: Specification that Malaysian law governs the deed
8. Execution: Formal execution block complying with Malaysian requirements for deeds
1. Confidentiality: Include when the parties wish to keep the terms of the release confidential
2. Non-Admission of Liability: Include when the release relates to disputed claims and the releasee wishes to explicitly deny liability
3. Further Assurance: Include when additional actions may be needed to give effect to the release
4. Severability: Include when the parties want to ensure partial invalidity doesn't affect the whole deed
5. Third Party Rights: Include when the release may affect rights of third parties or when third parties need to be explicitly excluded
6. Entire Agreement: Include when previous agreements or negotiations need to be superseded
1. Schedule 1 - Released Claims: Detailed description of the claims or obligations being released, particularly useful for complex releases
2. Schedule 2 - Related Agreements: List of any related agreements or documents affected by the release
3. Schedule 3 - Payment Terms: Details of any payment or consideration structure, if applicable
4. Appendix A - Supporting Documents: Copies of relevant supporting documents referenced in the main deed
Authors
Consideration
Representations and Warranties
Confidentiality
Non-Admission of Liability
Further Assurance
Governing Law
Severability
Entire Agreement
Assignment
Notices
Amendment
Waiver
Costs and Expenses
Third Party Rights
Counterparts
Independent Legal Advice
Authority to Execute
Binding Effect
Financial Services
Real Estate
Construction
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Insurance
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Corporate Secretarial
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Corporate Secretary
Risk Manager
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Contract Manager
Chief Legal Officer
Business Development Manager
Chief Financial Officer
Human Resources Director
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