release of claims

A release of claims is a legal agreement where one party agrees to give up the right to make further legal claims or lawsuits against another party, usually after reaching a settlement or resolution. It means the signer accepts that they cannot pursue any future legal action related to the matter being released. This document helps ensure both parties have certainty and peace of mind, preventing ongoing disputes over the same issue. Essentially, it’s a mutual understanding that certain claims or rights will no longer be contested or litigated.