Document background
The Deed of Waiver of Rights and Quitclaim is commonly used in England and Wales when one party needs to formally surrender their rights or potential claims to another party. This might arise in property transactions, settlement agreements, or family arrangements. The document provides certainty and finality by permanently extinguishing the grantor's rights and preventing future claims. It must be executed as a deed to ensure enforceability, particularly where there is no consideration provided in exchange for the waiver.
