Document background
The Settlement Offer Letter is a critical document in South African dispute resolution practice, used when one party wishes to propose terms for settling a dispute without admission of liability. This document type is commonly employed before or during litigation to avoid or terminate legal proceedings, offering a cost-effective alternative to court proceedings. The Settlement Offer Letter must comply with South African contract law principles and typically includes specific terms of settlement, payment arrangements, release clauses, and acceptance deadlines. It's particularly valuable in commercial disputes, employment matters, insurance claims, and civil litigation, providing a formal framework for negotiating and documenting settlement terms while protecting the parties' legal positions.
