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Motor Vehicle Accident Release Form
"Need a Motor Vehicle Accident Release Form for a three-vehicle collision that occurred on January 15, 2025, involving two private cars and one commercial truck, where all parties have agreed to a settlement amount of $25,000 and insurance companies are involved."
1. Identification of Parties: Details of all parties involved in the accident and release, including names, addresses, and vehicle information
2. Incident Details: Comprehensive information about the accident including date, time, location, and circumstances of the incident
3. Settlement Amount: Clear statement of the specific compensation amount agreed upon between the parties
4. Release Clause: Core clause releasing liable party from all current and future claims relating to the accident
5. Governing Law: Specification that the agreement is governed by Singapore law and subject to Singapore jurisdiction
1. Confidentiality Clause: Optional provision requiring parties to maintain confidentiality of settlement terms
2. Insurance Details: Section detailing relevant insurance policies and coverage involved in the settlement
3. No Admission of Liability: Statement clarifying that the settlement does not constitute an admission of fault or liability
1. Schedule A - Vehicle Details: Detailed specifications and information about all vehicles involved in the accident
2. Schedule B - Damage Report: Comprehensive documentation of all damages, including photographs and repair estimates
3. Schedule C - Medical Reports: Medical documentation and reports if personal injury claims are included in the settlement
Authors
Settlement Terms
Payment Terms
Confidentiality
No Admission of Liability
Representations and Warranties
Entire Agreement
Severability
Governing Law
Amendment
Binding Effect
Waiver
Indemnification
Insurance Coverage
Further Assurance
Legal Costs
Acknowledgment
Non-Revocation
Assignment
Data Protection
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