Prepared by: [YOUR NAME]
Email: [YOUR EMAIL]
Company Name: [YOUR COMPANY NAME]
Company Number: [YOUR COMPANY NUMBER]
Company Address: [YOUR COMPANY ADDRESS]
Company Website: [YOUR COMPANY WEBSITE]
Company Social Media: [YOUR COMPANY SOCIAL MEDIA]
This Property Damage Liability Release ("Release") is executed as of August 15, 2050, and is intended to release and discharge the undersigned parties from any claims, demands, or liabilities for property damage that occurred or may occur in connection with the rental property described below.
Property Owner: Margaret Adams
Tenant: Kevin Camara
Rental Property Address: 789 Maple Avenue, Springfield, IL 62705
Lease Agreement Date: May 1, 2050
The Tenant acknowledges that damages have occurred to the Rental Property during the term of the lease agreement. The details of the damage are described in the attached Damage Report.
By signing this Release, the Tenant agrees to release and hold harmless the Property Owner, their agents, employees, and representatives from any and all claims, demands, or liabilities related to the property damage described in the Damage Report. This release includes any future claims that may arise concerning the specified damages.
The Property Owner and Tenant have agreed on a settlement amount of $2,500.00 to cover the damages. This amount has been paid in full as of August 10, 2050.
This Release shall be effective as of August 15, 2050.
This Release shall be governed by and construed in accordance with the laws of the state of Illinois.
Property Owner:
Name: Margaret Adams
Date: August 15, 2050
Tenant:
Name: Kevin Camara
Date: August 15, 2050
For any questions or further information, please contact:
Prepared by: [YOUR NAME]
Email: [YOUR EMAIL]
Phone Number: (555) 123-4567
This Property Damage Liability Release is made in duplicate, with each party receiving one signed copy. The terms herein represent the complete and final agreement between the parties.
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