Memorandum of understanding (MoU)

Settlement regarding a motor accident
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Document overview

Use this template to create a Memorandum of Understanding between any two parties who have reached a final settlement to compound a criminal offence relating to a road accident
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Compliant with the latest law
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Document properties
  • Length:3 pages (582 words)
  • Available in:
    MsWordMicrosoft Word DOCXApple pagesApple PagesRTFRTF
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About this document

Use this template to create a Memorandum of Understanding between any two parties who have reached a final settlement to compound a criminal offence relating to a road accident caused by rash and negligent act of the accused – one of the parties to the MoU;

The format is fit to be filed before the Court as written agreement reached between the parties; this document as drawn is neutral between the parties;

There are no specific legal provisions that govern a legal document of this nature; you still have the liberty to make alterations and additions that exactly suit your situation or the case.

Who will use this document?

Any two individuals finalizing terms for compounding a criminal offence with the permission of the Court of competent jurisdiction.

Application and features

  • Very flexible to suit the requirements of either or both parties;
  • Provides a complete framework;
  • Protects both sides;
  • Very flexible to suit the requirements of either or both parties.

Contents

  • Appropriate legal provisions - warranties, exclusions, indemnities, etc.
  • Terms of settlement;
  • Consequence of settlement;
  • Jurisdiction;
  • Practical terms that protect parties from future disputes on the claim.

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