Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

GENERAL RELEASE OF EXISTING CLAIMS [ BRANDI GLANVILLE street address ], [ city and state ], hereinafter referred to as Brandi, and LISA VANDERPUMP, [

GENERAL RELEASE OF EXISTING CLAIMS

[BRANDI GLANVILLE street address], [city and state], hereinafter referred to as "Brandi," and LISA VANDERPUMP, [street address], [city and state], hereinafter referred to as "Lisa" in consideration of the promises made herein, agree as follows:

1.[You must put in a legally accurate description of the event.Remember, date, time, location and any other identifying information as to the incident.]

2.Brandi, on behalf of [himself/herself/their selves], [his/her/their] heirs, executors, administrators, and assigns, and in consideration of $___________ paid to [him/her/them] by Lisa, hereby fully releases Lisa, [his/her/their] successors, and all other persons and associations, known or unknown, from all claims and causes of action by reason of any injuryand/ordamage which has been sustained, or may be sustained, as a result of the above-described transaction .

3.Lisa on behalf of [himself/herself/their selves], [his/her/their] heirs, executors, administrators, and assigns, and in consideration of paying $___________ to Brandi, hereby fully releases Brandi, [his/her/their] successors, and all other persons and associations, known or unknown, from all claims and causes of action by reason of any injuryand/ordamage which has been sustained, or may be sustained, as a result of the above-described transaction .

4.Each partyacknowledges and agrees that this release applies to all claims that each party may have against the other party arising out of the above-described transaction for injuries, damages, or losses to the other party's person and property, real or personal, whether those injuries, damages, or losses are known or unknown, foreseen or unforeseen, or patent or latent.

5.Each party certifies that [he/she/they] have read Section 1542 of the Civil Code, set out below, and indicates that fact by signing [his/her] initials here: ___

"A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor."

6.Each party hereby waives application of Section 1542 of the Civil Code.

7.Each party understands and acknowledges that the significance and consequence of this waiver of Section 1542 of the Civil Code is that even if either party should eventually suffer additional damages arising out of the above-described transaction, [he/she/they] will not be permitted to make any claim for those damages. Furthermore, both parties acknowledges that [he/she/they] intend these consequences even as to claims for injuryand/ordamages that may exist as of the date of this release but which either party does not know exist, and which, if known, would materially affect either party's decision to execute this release, regardless of whether either party's lack of knowledge is the result of ignorance, oversight, error, negligence, or any other cause.

8.Each partywarrants and represents that in executing this release, [he/she/they] have relied on legal advice from the attorney of his/her choice, that the terms of this release and its consequences have been completely read and explained to each party by their respective attorney, and that each party fully understands the terms of this release.

9.Each party further acknowledges and represents that, in executing this release, [he/she/they] have not relied on any inducements, promises, or representations made by the opposing party or any party representing or serving the opposing party.

10.Each party acknowledges and warrants that [his/her/their] execution of this release is free and voluntary.

11.This release pertains to a disputed claim and does not constitute an admission of liability by either party for the above-described transaction.

READ THE ABOVE CAREFULLY BEFORE SIGNING

Date:____________

LISA VANDERPUMP

Date:____________

BRANDI GLANVILLE

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Environmental Law Text Cases And Materials

Authors: Elizabeth Fisher, Bettina Lange, Eloise Scotford

2nd Edition

0198811071, 978-0198811077

More Books

Students also viewed these Law questions

Question

What does this look like?

Answered: 1 week ago