Simple Release Form Template for Singapore

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Key Requirements PROMPT example:

Simple Release Form

"I need a Simple Release Form under Singapore law to release my former business partner from all claims relating to our joint venture which ended on 15 March 2025, including intellectual property rights and outstanding financial obligations."

Document background

A Simple Release Form is commonly used in Singapore when one party wishes to formally discharge another party from specific obligations, claims, or liabilities. This document, governed by Singapore law, is essential in various contexts including settlement of disputes, completion of projects, or conclusion of business relationships. The form typically includes identification of parties, specific details of what is being released, consideration provided, and execution requirements. The Simple Release Form provides legal certainty and protection for both parties and can be customized based on specific circumstances while maintaining compliance with Singapore's legal framework.

Suggested Sections

1. Identification of Parties: Names and details of the releasing and released parties

2. Subject Matter: Clear description of what is being released

3. Release Statement: Explicit statement of release and waiver

4. Consideration: Statement of consideration provided for the release

5. Execution: Signature blocks and date

Optional Sections

1. Definitions: Used when technical or specific terms need defining - recommended for complex releases involving technical terms

2. Confidentiality: Terms regarding confidentiality of the release - used when sensitive information is involved

3. Governing Law: Specification of applicable law - recommended when cross-border elements exist

4. Severability: Clause maintaining validity if parts are found unenforceable - recommended for complex releases with multiple provisions

Suggested Schedules

1. Description of Released Claims: Detailed list of specific claims being released

2. List of Assets: Itemized list of specific property or assets involved in the release

3. Proof of Authority: Documentation establishing signatory authority when signing on behalf of an entity

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Releasor
Releasee
Effective Date
Released Claims
Released Matters
Consideration
Parties
Release
Subject Matter
Representatives
Affiliates
Confidential Information

Clauses

Release and Discharge
Consideration
Indemnification
Acknowledgment
Confidentiality
Non-Admission of Liability
Entire Agreement
Governing Law
Severability
Binding Effect
Voluntary Execution
No Further Claims
Representations and Warranties
Assignment

Relevant Industries

Healthcare
Media & Entertainment
Sports & Recreation
Employment
Real Estate

Relevant Teams

Legal
Human Resources
Risk Management
Operations
Compliance

Relevant Roles

Human Resources Manager
Legal Counsel
Project Manager
Risk Manager
Compliance Officer

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Let's create your Simple Release Form

Authors

Alex Denne

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