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Deed Of Mutual Release Template for England and Wales

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Key Requirements PROMPT example:

Deed Of Mutual Release

"I need a Deed of Mutual Release to formally end a software development partnership with my co-founder, ensuring all IP rights are properly addressed and including specific provisions for ongoing confidentiality of client data."

What is a Deed Of Mutual Release?

A Deed of Mutual Release is commonly used in England and Wales when parties wish to achieve a clean break and prevent future claims arising from past dealings. This document is particularly valuable when concluding business relationships, settling disputes, or terminating contracts where parties want certainty that no future claims will arise. The deed format provides enhanced enforceability and a longer limitation period (12 years) compared to simple contracts. It typically includes detailed provisions about the scope of release, warranties, and any exceptions to the release.

What sections should be included in a Deed Of Mutual Release?

1. Parties: Identification of all parties to the deed

2. Background: Context and circumstances leading to the mutual release

3. Definitions: Key terms used throughout the deed

4. Release Provisions: Core mutual release terms and scope

5. Warranties: Basic warranties about authority to enter into release

6. Execution: Formal execution blocks meeting deed requirements

What sections are optional to include in a Deed Of Mutual Release?

1. Consideration: Details of any payment or consideration, if applicable

2. Confidentiality: If terms of release should remain confidential

3. Non-disparagement: If parties agree not to speak negatively about each other

4. Survival: If certain obligations survive the release

What schedules should be included in a Deed Of Mutual Release?

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

2. Schedule of Excluded Claims: List of claims specifically excluded from the release

3. Related Agreements: List of any related agreements affected by the release

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions



















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Industries

Law of Property Act 1925: Fundamental legislation governing property law in England and Wales, covering requirements for deeds, formalities of execution, and property rights implications

Law of Property (Miscellaneous Provisions) Act 1989: Key legislation specifying requirements for deeds, including execution formalities and delivery requirements under Section 1

Limitation Act 1980: Establishes time limits for bringing claims, affects release of claims, and sets statutory bars that must be considered in mutual releases

Contract Law principles: Common law principles covering consideration, capacity to contract, and intention to create legal relations

Companies Act 2006: Governs company-related aspects including execution requirements, authority to execute, and company seal requirements when parties are corporations

Statute of Frauds 1677: Historic legislation still relevant today, specifying requirements for certain types of agreements to be in writing

Consumer Rights Act 2015: Modern legislation governing consumer rights, including fairness requirements and transparency obligations when any party is a consumer

Misrepresentation Act 1967: Legislation governing effects on claims being released and exclusion of liability considerations in cases of misrepresentation

Unfair Contract Terms Act 1977: Regulates reasonableness of terms and limitation of liability provisions in contracts and deeds

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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