Document background
A Mutual Waiver of Claims is commonly used when parties wish to achieve a clean break in their relationship or resolve existing disputes without litigation. This document, governed by Singapore law, provides a framework for parties to mutually release each other from specified claims, obligations, or liabilities. It typically includes detailed descriptions of the claims being waived, any exceptions, and the consideration being provided. The agreement is particularly useful in business settlements, project completions, or relationship terminations where parties want to prevent future litigation while ensuring compliance with Singapore's legal requirements.
