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Software and Services Quit Claim : View Software and Services Quit Claim

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Key Takeaways

  • Core instruments: Promissory notes with clear repayment schedules.
  • Best template flexibility: Start with a proven Software and Services Quit Claim and customize every section as needed.
  • Rates and remedies: Define interest, fees, default, and acceleration.
  • Security and collateral: Describe collateral and perfection steps.
  • Borrower/lender options: Variants suitable to either party.
  • Execution blocks: Signature, witness, or notary sections as needed.
  • Related guarantees: Coordinate with guaranty and amendment forms.
Software and Services Quit Claim

How to write your Software and Services Quit Claim

We include this 1 page template with IT/Software/Hardware Contract Pack and the Proposal Kit Professional. You will get more content and software automation for data merging, managing client documents, and creating proposals with line item quoting with a Contract Pack or the Professional.

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The Software and Services Quit Claim is used usually when there are irreconcilable differences and both money and ownership issues may be involved. This allows a quick signoff on the final acceptance of all outstanding issues. A quit claim typically does not grant a warranty for the property being transferred.
Document Length: 1 Page
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1. Get IT/Software/Hardware Contract Pack or the single template that includes this business contract document.

We include this contract in editable Word format that can be customized using your office software.

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Use cases for this template

Cobalt Pixel hands off a SaaS platform to Archer Freight under a clean code-release

The Challenge

Archer Freight Co. needed to close a funding round, and the investors required proof that the company, as the buyer, held a clear, documented interest in the SaaS source code while Cobalt Pixel LLC, as the seller, exited support obligations and collected the remaining price.

The Solution

They used a project closeout contract to transfer the company's interest in the code "as is," with the buyer paying a final, reasonable cost at execution; to support the legal contract, the team used Proposal Kit's document creation and template library to assemble a transition plan, a code inventory, and a data destruction statement, while AI Writer produced a concise operations guide and a post-launch report, and automated line-item quoting reconciled the final bill including hosting.

The Implementation

Cobalt Pixel packaged repositories, commit hashes, build artifacts, and checksums, dated the delivery, captured a signed acceptance note, and recorded the handoff details in their internal files; meanwhile, Proposal Kit generated a stakeholder memo, a risk log, and a change-control summary that explained access, credentials, and what was excluded.

The Outcome

Archer Freight documented the chain of title to the code, funding closed on schedule, and both parties moved forward without ongoing support promises or disputes over what was delivered and paid.

Willow & Hart restructures after a divorce and consolidates ownership of its e-commerce code

The Challenge

After owners Mia Willow and Evan Hart separated, the family company needed a clean transfer so one person could operate the site and sell new product lines without lingering claims or confusion over who owned what.

The Solution

They executed a release that transferred the developer's interest in the source to the company and settled outstanding amounts, while Proposal Kit supported the process with a board briefing document, an asset map, and a communications plan drafted via AI Writer, plus line-item quoting to show how the buyer pays each cost center with clarity.

The Implementation

Using Proposal Kit's templates, the team produced a transition calendar, an example inventory of plugins and licenses, and a simple acceptance test plan; they also captured approvals, filed records by date, and noted any third-party components that might carry lien-like restrictions so they could be addressed separately.

The Outcome

Ownership and access consolidated smoothly, customer-facing operations continued without downtime, and the company documented protection against future disputes for the owners and their adult child, who now manages the store.

BrightMend Health acquires app code from Delta Apex Labs ahead of a regional rollout

The Challenge

BrightMend needed a rapid transfer to meet a hospital network launch window, but required documentation that the grantee received what the grantor could lawfully deliver, with no further duty to support.

The Solution

They used the contract to finalize the handoff and employed Proposal Kit for supporting materials: AI Writer drafted a compliance overview, an integration roadmap, and a training brief, while document assembly produced a delivery checklist and due diligence summary, and line-item quoting priced optional migration services.

The Implementation

Delta Apex delivered a sealed archive with checksums, repository links, and build steps, destroyed patient-sample test data at execution, and BrightMend recorded acceptance on the same date; Proposal Kit artifacts documented scope, exclusions, and a clear record trail.

The Outcome

The rollout proceeded on time, procurement approved payment without objections, auditors found the documentation complete, and both parties closed the project with defined responsibilities and no open items.

Abstract

This software and services release and transfer agreement is a straightforward legal document used to end a project, settle the bill, and transfer whatever interest the company holds in the source code to the client. For valuable consideration, the current owner releases all interest in the code related to the project, provides a copy of all source code in its possession upon execution, and destroys any client data it holds. The client, in turn, accepts delivery, acknowledges completion, and releases the company from further liability, support, licenses, royalties, and other ongoing promises. The agreement also allows the company to charge the outstanding price, including a stated hosting amount, so the buyer pays a reasonable cost to close out the work.

Think of it like a quitclaim in the software world. A quitclaim deed in a real estate contract transfers property ownership as is, without the guarantee of a clear title, as you get in a warranty deed. Similarly, this quitclaim-style transfer of IP makes no guarantee beyond the company's interest in the code it can deliver.

It does not speak to liens, mortgages, or other third-party claims; it simply transfers ownership interest from the grantor/seller to the grantee/buyer and ends future obligations. The parties execute and date the document, submit signatures, and keep a record on file; unlike real estate documents filed at a county recorder's office, this agreement is generally kept in project files. Some organizations also have it notarized, seek approval from leadership, or ask a lawyer to review, especially when the market value is high.

Common use cases include agency handoffs of a completed site so the client gains access to all materials; a startup preparing for a sale where buyers expect a clear title to code; or long-running engagements (even over four years) that need a clean, contained wrap-up. Family businesses may use it during leadership changes, such as after a divorce, where one spouse or family members assume control. It does not create survivorship rights like a deed.

To reduce errors, clearly describe the assets, amounts paid and due, and what is included in the transfer. Keep copies of what was delivered and the bill for your internal record, and respond quickly to any questions.

Proposal Kit helps organizations create and assemble legal documents and supporting materials for these situations. Its template library, document assembly, automated line-item quoting, and AI Writer make it easier to write, customize, and organize what you need so teams can execute, submit, and accept agreements with clarity.

Additional insight: The structure of this release resembles a quitclaim deed form in real estate. In that context, parties use a simple deed to transfer real estate ownership of real property from one person to another, often to transfer property within a family, such as a parent to a child, without guaranteeing freedom from a lien. The same concept applies here: the company transfers its interest in the code as is, while the client accepts that limited scope.

If you plan to sell your business or product later, documenting this clean transfer helps demonstrate the chain of title. For example, a startup consolidating contractor work into a single repository can use this agreement to protect downstream buyers and partners by showing who owned what, when.

From a risk and protection standpoint, clarify deliverables and list what is excluded. In real estate, the deed clarifies who gets title; in software, the agreement clarifies who gets source, access credentials, and data disposition. If external components might carry a lien-like restriction (such as third-party licenses), flag them in your project files and address them separately to avoid surprises.

Proposal Kit helps teams write these agreements consistently and quickly. Its template library and document assembly ensure the right clauses appear in the right places, the AI Writer can generate supporting documents and narratives, and automated line-item quoting helps align the price and payments with the scope. The result is an easier path to execute, submit, and accept clean transfers that keep projects moving and ready for future transactions.

Further insight: Treat this agreement as a closure package. Define a final delivery bundle that lists repositories, commit hashes, build artifacts, credentials, and a checksum for each file so the record is auditable by date. Require a receipt of delivery and a short acceptance note from the client to confirm access works.

Add a brief schedule describing what was created, what was excluded, and any assumptions. A one-page data disposition statement can confirm the destruction of client data upon execution. Align payment terms so the buyer pays the remaining price on or before a stated date, and the seller transfers ownership of the source immediately after funds are paid.

For governance, map roles clearly: the company acts like a grantor/seller of its interest, and the client is the grantee/buyer. While this is not a real estate contract, the analogy to a quitclaim deed form helps stakeholders understand the limits: it transfers ownership interest as is, without a guarantee akin to clear title under a warranty deed. In real estate ownership of real property, deeds may be filed at a county recorder's office to transfer property and track liens and mortgages; here, keep internal records instead.

An example scenario is a firm preparing to sell a product line and needing chain-of-title protection. Another is a family company restructuring, so one spouse or even an adult child takes over operations. Each person signing should have proper approval authority and be named consistently across all legal documents.

Proposal Kit can help teams create these contained, standardized packages. Its document assembly, AI Writer, template library, and automated line-item quoting make it easier to write consistent clauses, describe deliverables, and align what is promised, delivered, and paid, supporting a clean, defensible handoff.

How do you write a Software and Services Quit Claim document? - The Narrative

Insert project description here

For valuable consideration given, Company Name hereby releases all interest in source code it has in its possession relating to the software and services rendered for, or on behalf of client, and agrees to settle all outstanding financial obligations for $ (includes 1/2 month of web hosting). The original amount of invoice is $amount.

Both parties agree that:

Company Name owes no further monies, licenses, royalties or other payments to Company Name. Company Name owes no further obligation for support or development to.

Company Name

Company Name will provide a copy of all source code that it has in its possession to Company Name upon execution of this agreement. Company Name will destroy any client data it has in its possession upon execution of this agreement.

ACCEPTANCE OF AGREEMENT:

I, the undersigned (client) understand that, by signing this agreement, I release Company Name from any and all liability, tort, or claim concerning this project. Company Name may now charge $ for outstanding monies owed for completion of the project.

Client's signature:

Company signature:

The complete Software and Services Quit Claim - with the actual formatting and layout - is available as a single template or as part of a library of related templates in a Contract Pack or the Professional Bundle.
Software and Services Quit Claim

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How to Build a Legal Contract with Proposal Kit

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Frequently Asked Questions

How do I customize this contract to fit my business needs?

Customizing this contract involves editing the document to include your business details, terms, and conditions. The templates are designed to be flexible, allowing you to insert your company's name, address, and other relevant information. You can modify clauses to reflect your unique business practices and legal requirements.

Is this contract compliant with laws and regulations?

The legal contract templates are written by legal professionals and designed to comply with current laws and regulations at the time of their writing. However, laws can vary by jurisdiction and change over time, so it's recommended to have your contract reviewed by a local attorney to ensure it meets all legal requirements specific to your region and industry. Templates are licensed as self-help information and not as legal advice.

Can I use the same contract for different clients or projects?

You can use the same contract for different clients or projects. The templates are versatile and easily adapted for various scenarios. You will need to update specific details such as client names, project descriptions, and any unique terms for each new agreement to ensure that each contract accurately reflects the particulars of the individual client or project.

What should I do if I encounter a clause or term I don't understand?

If you encounter a clause or term in the contract that you need help understanding, you can refer to guidance notes explaining each section's purpose and use. For more complex or unclear terms, it's advisable to consult with a legal professional who can explain the clause and help you determine if any modifications are necessary to suit your specific needs.

How do I ensure that the contract is legally binding and enforceable?

To ensure that the contract is legally binding and enforceable, follow these steps:

  • Complete all relevant sections: Make sure all blanks are filled in with accurate information.
  • Include all necessary terms and conditions: Ensure that all essential elements, such as payment terms, deliverables, timelines, and responsibilities, are clearly defined.
  • Signatures: Both parties must sign the contract, and it is often recommended that the contract be witnessed or notarized, depending on the legal requirements in your jurisdiction.
  • Consult a legal professional: Before finalizing the contract, have it reviewed by an attorney to ensure it complies with applicable laws and protects your interests.

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Disclaimers

Proposal Kit, Inc. makes no warranty and accepts no responsibility for the suitability of any materials to the licensee's business. Proposal Kit, Inc. assumes no responsibility or liability for errors or inaccuracies. Licensee accepts all responsibility for the results obtained. The information included is not legal advice. Names in use cases have been fictionalized. Your use of the contract template and any purchased packages constitutes acceptance and understanding of these disclaimers and terms and conditions.