Agreement Property Damage Release Form Template for Philippines

1. Insurance Details: Include when insurance companies are involved in the settlement, detailing relevant policy numbers and coverage

2. Payment Schedule: Include when the settlement amount will be paid in installments rather than as a lump sum

3. Confidentiality: Include when parties wish to keep the settlement terms confidential

4. Return of Property: Include when damaged property needs to be returned to either party

5. Future Claims: Include when there's a possibility of future damage manifestation and how such situations will be handled

6. Warranties: Include when specific warranties about the property condition or repair are necessary

1. Schedule A - Property Damage Documentation: Detailed inventory and description of damaged property, including photographs and repair estimates

2. Schedule B - Settlement Calculation: Breakdown of how the settlement amount was calculated, including repair costs, replacement values, and any deductions

3. Schedule C - Payment Terms: If applicable, detailed payment schedule including dates, amounts, and payment methods

4. Appendix 1 - Incident Report: Copy of any official incident reports, police reports, or property damage assessments

5. Appendix 2 - Expert Assessment: If applicable, reports from experts who assessed the damage