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    Affidavit of Settlement

    Uploaded by

    Aljim Totex Montallana Arcueno
    The two parties were involved in a minor traffic accident that caused damage to their vehicles. They have come to an amicable settlement since their vehicles are covered by insurance. They mutually release each other from any liability or damages arising from the incident. They agree to not pursue any legal action against each other related to the vehicular accident. They affirm they understand the contents and legal effects of the joint affidavit.

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    Affidavit of Settlement

    Uploaded by

    Aljim Totex Montallana Arcueno
    224 views1 page
    The two parties were involved in a minor traffic accident that caused damage to their vehicles. They have come to an amicable settlement since their vehicles are covered by insurance. They mutually release each other from any liability or damages arising from the incident. They agree to not pursue any legal action against each other related to the vehicular accident. They affirm they understand the contents and legal effects of the joint affidavit.

    Original Description:

    Vehicular Accident Settlement

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    The two parties were involved in a minor traffic accident that caused damage to their vehicles. They have come to an amicable settlement since their vehicles are covered by insurance. They mutually release each other from any liability or damages arising from the incident. They agree to not pursue any legal action against each other related to the vehicular accident. They affirm they understand the contents and legal effects of the joint affidavit.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    224 views1 page

    Affidavit of Settlement

    Uploaded by

    Aljim Totex Montallana Arcueno
    The two parties were involved in a minor traffic accident that caused damage to their vehicles. They have come to an amicable settlement since their vehicles are covered by insurance. They mutually release each other from any liability or damages arising from the incident. They agree to not pursue any legal action against each other related to the vehicular accident. They affirm they understand the contents and legal effects of the joint affidavit.

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    © All Rights Reserved
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    of 1

    Republic of the Philippines)

    City of Tacloban ) s.s.


    x----------------------------------------x

    JOINT-AFFIDAVIT OF SETTLEMENT

    We, ____________________ and _____________________, both of legal age, Filipinos,


    married/single, and residents of Tacloban City, do hereby depose and state, THAT:

    1. We are both involved to a minor traffic accident on __________ in Tacloban City


    involving our vehicles, respectively, causing damage, dents and scratches on the various
    parts of our vehicles;

    2. We have come to amicably settle the matter since our said vehicles are covered with
    insurance. We likewise, do freely, voluntarily, and absolutely release, clear, absolve, and
    discharge each other from any liability, damages of any case arising from the incident;

    3. We warrant that we will desist from pursuing any action before the Prosecution Office,
    and will no longer institute civil, criminal, or otherwise, against one another arising from,
    by reason of, or in connection with, the aforementioned vehicular accident;

    4. We have fully read or caused to be interpreted, and understood the contents of this
    affidavit, that the same reflects my true intention, and that I am also fully aware of the
    legal effects of executing and signing of the same.

    IN WITNESS WHEREOF, I have hereunto set my hand this _________________ in


    _____________________, Philippines.

    ___________________________ __________________________
    Affiant Affiant

    SUBSCRIBED AND SWORN to me this ____ of ___________ 2020, Tacloban City,


    Philippines, affiant ID is ______________________________.

    Doc. No. ____


    Page No. ____
    Book No. ____
    Series of 2020

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