Deed of Release/Deed of Settlement
What’s in a name? Not a lot in this case.
A Deed of Release and a Deed of Settlement are essentially the same document with just a different title. One title may be preferred over another, depending on the author’s perspective and whether a release from an obligation is being sought or whether a settlement is being finalized.
Some even cover both bases and call it a Deed of Settlement and Release. Don’t let the name throw you, it is the content that matters.
The key thing to remember is that this is the last chance to negotiate. Once such a document is signed, the deal is finalized. If it is well drafted, it will be impossible to revisit any issues or to make any further claims.
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We charge a flat rate for initial review and advice. Our standard charges will apply for negotiation of any amendments.
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| Photo by Bob Jagendorf |
