The Affidavit of Termination is a crucial legal instrument in Philippine jurisdiction used to formally document the cessation of various types of agreements or relationships. This document is particularly important when parties need to create a clear record of termination that can be used for legal or administrative purposes. The affidavit must be executed in accordance with Philippine notarial laws and typically includes detailed information about the declarant, the subject matter being terminated, the grounds for termination, and any relevant supporting details. It serves as a protective measure for all parties involved by clearly establishing the fact and date of termination, and can be used in various contexts from business relationships to property arrangements. The document's sworn nature gives it significant legal weight, making it admissible as evidence in Philippine courts if disputes arise later.
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1. Title and Venue: Specifies 'AFFIDAVIT OF TERMINATION' and the place where the affidavit is executed
2. Declarant Information: Full name, age, citizenship, civil status, and address of the person making the affidavit
3. Oath Declaration: Standard declaration that the affiant is making statements under oath
4. Subject Matter Identification: Clear identification of the agreement, relationship, or arrangement being terminated
5. Statement of Authority: Declarant's authority or capacity to execute the termination
6. Grounds for Termination: Specific reasons or circumstances leading to the termination
7. Effective Date: Clear statement of when the termination takes effect
8. Declaration of Notice: Statement confirming that required notices, if any, have been given to relevant parties
9. Verification and Certification: Standard closing statements affirming the truth of the contents
10. Jurat: Notarial section where the affiant signs and swears to the truth of the statements
1. Mutual Release Clause: Include when parties agree to release each other from future claims
2. Return of Property: Include when there are physical or intellectual properties to be returned
3. Continuing Obligations: Include when certain obligations survive the termination
4. Settlement of Accounts: Include when there are financial matters to be settled
5. Confidentiality Statement: Include when there are confidentiality obligations that survive termination
6. Witness Attestation: Include when additional witnesses are required to strengthen the affidavit
1. Original Agreement: Copy of the original agreement being terminated
2. Notice of Termination: Copies of any prior notices sent regarding the termination
3. Proof of Authority: Documents proving the declarant's authority to terminate (if applicable)
4. Settlement Statement: Detailed accounting of any financial settlements (if applicable)
5. Property Inventory: List of properties to be returned or transferred (if applicable)
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