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Verification Of Release Form for Singapore

Verification Of Release Form Template for Singapore

A Verification of Release Form under Singapore law is a formal legal document that confirms and validates the release of claims, rights, or obligations between parties. It serves as evidence that the releasing party has voluntarily and knowingly given up certain legal rights or claims against another party. The document is governed by Singapore contract law and must comply with local requirements for validity and enforceability.

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What is a Verification Of Release Form?

The Verification Of Release Form is a crucial document in Singapore's legal framework used to formalize and verify the release of claims or obligations. It provides documentary evidence that a party has voluntarily relinquished specific legal rights, typically in exchange for consideration. The form is commonly used in settlement agreements, employment terminations, insurance claims, and other situations where formal release of rights is required. It must comply with Singapore's Contract Act and related legislation, and typically includes verification statements, consideration details, and explicit release language to ensure enforceability.

What sections should be included in a Verification Of Release Form?

1. Date and Parties: Identification of all parties involved and date of release

2. Subject Matter: Clear description of what is being released

3. Release Statement: Explicit statement of release and its scope

4. Consideration: Statement of consideration provided for the release

5. Verification Statement: Confirmation of understanding and voluntary nature of release

What sections are optional to include in a Verification Of Release Form?

1. Confidentiality: Terms regarding confidentiality of the release when sensitive information is involved

2. Non-Disparagement: Agreement not to make negative statements, typically used in employment or business relationship contexts

3. Severability: Provision for partial invalidity, used in complex releases with multiple components

What schedules should be included in a Verification Of Release Form?

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

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

3. Appendix 1 - Supporting Documents: Relevant documents supporting the release

Authors

Alex Denne

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

Jurisdiction

Singapore

Publisher

Ƶ

Cost

Free to use
Relevant legal definitions




















Clauses




















Industries

Contract Act (Cap. 53): Primary legislation governing contract formation, validity, and enforcement in Singapore, including basic requirements for valid contracts and contractual obligations

Personal Data Protection Act 2012 (PDPA): Legislation governing the collection, use, disclosure and care of personal data, requiring proper consent and handling of personal information in documents

Evidence Act (Cap. 97): Laws regarding the admissibility of evidence, including requirements for documentary evidence and electronic records in legal proceedings

Electronic Transactions Act (Cap. 88): Legislation providing for the legal recognition of electronic signatures and records, crucial for digital document execution

Limitation Act (Cap. 163): Statute setting time limits for bringing legal actions and affecting the duration of legal validity for releases and claims

Industry-Specific Regulations: Various sector-specific laws including Employment Act, Consumer Protection Act, and financial regulations that may apply depending on the context of the release

Misrepresentation Act (Cap. 390): Law governing false statements or representations in contracts and documents, providing remedies for parties affected by misrepresentation

Civil Law Act (Cap. 43): Fundamental legislation affecting civil law rights and remedies in Singapore, providing general framework for civil legal matters

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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