LegalDocs

Mutual Rescission and Release Agreement - Template Form

✓ Valid in Nigeria

Create your Mutual Rescission and Release Agreement - Template Form for use in Nigeria. Answer a few plain-English questions and the document fills in automatically as you go — then download it in Word and PDF, ready to sign or share.

  • Answer 8 simple questions — the document fills in as you go
  • Live preview: watch your document update in real time
  • Download as Word (.docx) and PDF
  • Edit your answers and re-download anytime
Save to access it later, on any device.

Fill in the details

0/8

Type below — the document on the right updates as you go.

Mutual Rescission and Release Agreement - Template Form
🔒The clauses below are blurred in the preview. Fill in your details, then pay once to unlock the full document and download it as Word & PDF.

MUTUAL RESCISSION AND RELEASE AGREEMENT

This Mutual Rescission and Release Agreement is made this ________ (the "Effective Date") by and between the following parties:

________, of the following address:

________

AND

________, of the following address:

________

The Parties may individually referred to as (the "Party" which expression shall where the context so admits include its successors-in-title and assigns) and collectively referred to as the "Parties".


BACKGROUND

The Parties entered a ________ (the "Original Contract") agreement on ________. The Original Contract was established for the following purpose:

________

The Parties acknowledge that neither of the Parties has fully performed their obligations and duties stipulated in the Original Contract.

Therefore, the Parties mutually agree to rescind the Original Contract and release each other from the obligations under the Contract.

Now, therefore, in consideration of the covenants, promises, and assurances (the receipt of which are hereby acknowledged), the Parties agree as follows:

IN WITNESS WHEREOF the Parties hereto have executed this Agreement this day and year first written above.


SIGNED by ________





______________________

in the presence of:

Name................................................................................................................

Address.............................................................................................................

Occupation........................................................................................................

Signature..........................................................................................................

SIGNED by ________





______________________

in the presence of:

Name................................................................................................................

Address.............................................................................................................

Occupation........................................................................................................

Signature..........................................................................................................

Fields you complete are inserted into the document live. This template is general guidance only — not legal advice.