Warranty Release Of Liability Template for Philippines

The Warranty Release Of Liability document is essential in Philippine business transactions where parties seek to formally discharge warranty obligations and associated liabilities. It is commonly used when products or services have reached the end of their warranty period, when settling warranty disputes, or when transferring ownership with modified warranty terms. The document must comply with the Civil Code of the Philippines, particularly Articles 1305-1422 on contracts and Articles 1545-1598 on sales and warranties, as well as the Consumer Act of the Philippines (Republic Act No. 7394). It typically includes detailed information about the original warranty, the scope of the release, and any consideration provided, ensuring legal enforceability while protecting both business and consumer interests within Philippine jurisdiction.

1. Parties: Identifies and defines all parties to the agreement, including the releaser (typically the customer/consumer) and the releasee (typically the company/manufacturer)

2. Background: Provides context for the warranty release, including reference to the original product or service warranty and the reason for the release

3. Definitions: Defines key terms used throughout the document for clarity and legal certainty

4. Subject Matter: Describes the product, service, or situation to which the warranty release applies

5. Scope of Release: Details the extent of the warranty release and specifies which warranties are being released

6. Consideration: States the consideration (if any) provided in exchange for the warranty release

7. Representations and Warranties: Contains statements by the releaser acknowledging understanding of the release

8. Governing Law: Specifies that Philippine law governs the agreement and identifies relevant jurisdiction

9. Execution: Contains signature blocks and execution formalities required under Philippine law