A legally binding, customizable,
Release Mutual Agreement
template
This template gives you everything you need for a professional, customizable and legally binding Release Mutual Agreement.
Release Mutual Agreement: Quick Facts
Both parties give up claims against each other. Instead of one person releasing the other, everyone involved releases everyone else from potential legal claims. Common way to settle disputes when both sides have grievances.
Clear description of all claims being released by both parties, consideration exchanged if any, effective date, and specific exceptions to the release. Make sure it covers all potential disputes between the parties.
Yes, if there was fraud, duress, mutual mistake, or if one party didn't understand what they were signing. However, courts generally enforce properly executed mutual releases since both parties agreed to give up their claims.