Release of Claims

RELEASE OF ALL CLAIMS

KNOW ALL MEN BY THESE PRESENTS, that the undersigned,_____________ _________________________, located at _________________________________, in consideration of the sum of ______________________________($_____________) and other valuable consideration, the receipt of which is hereby acknowledged by the undersigned, voluntarily and knowingly, executes this Release with the express intention of effecting the extinguishment of obligations, as further designated herein.

The undersigned, with the intention of binding [him/her/it] self, [his/her/its] heirs, executors, administrators, successors and assigns, does hereby expressly release and discharge ______________________________________________, [his/her/its] heirs, executors, administrators, successors and assigns from all claims, demands, actions, judgments and executions, known and unknown, which the undersigned may have ever had, now has, or may have, or which the undersigned’s heirs, executors, administrators, successors or assigns may have, or claim to have, against_______________________ __________________________________ [his/her/its] heirs, executors, administrators, successors or assigns, created by, or arising out of, an automobile transaction involving a________________________________________(VIN ________________________) which was [purchased/leased] by the undersigned on or about ___________________.

The undersigned declares [he/she] has read the foregoing Release of all Claims and understands all of its terms and hereby executes the same voluntarily and with full knowledge of its significance. Furthermore, the undersigned declares that this Release contains the entire agreement between the parties.

______________________________ ______________________________

Name Date Witness Date

______________________________ ______________________________

Name Date Witness Date


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