Free Release/Waiver Agreement

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What type of liability is being released?

The General release is a broad release from all possible civil claims resulting from a dispute. Since the Releasing Party is giving up all known and unknown claims against the other party, care should be taken to ensure that the Releasing Party is fully aware of their rights.
Frequently Asked Questions

Who should use a release of liability agreement?A release of liability agreement can be used when there is a mutual agreement by one party to waive their legally enforceable rights against another party.

Your Release/Waiver Agreement

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General Release of Liability

THIS GENERAL RELEASE (this "Agreement") dated this 17th day of January, 2017

BETWEEN:


_______________ of ________________________________________
(the "Releasor")

OF THE FIRST PART


AND


_______________ of ________________________________________
(the "Releasee")

OF THE SECOND PART

IN CONSIDERATION OF the covenants and agreements contained in this Agreement and other good and valuable consideration, the receipt of which is hereby acknowledged, the parties to this Agreement agree as follows:

  1. Consideration
  2. In consideration of the sum of $0.00 AUD, paid by cash, the receipt and sufficiency of which consideration is acknowledged, the Releasor releases and forever discharges the Releasee, the Releasee's spouse, heirs, executors, administrators, legal representatives and assigns from all manner of actions, causes of action, debts, accounts, bonds, contracts, claims and demands for or by reason of any damage, loss or injury to person and property which has been or may be sustained as a consequence of the dispute detailed below.
  3. Details of Dispute
  4. The claim or dispute occurred as a result of: ________________________________________________________________________________________________________________________________________________________________________________________________.
  5. Concurrent Release
  6. The Releasor acknowledges that this release is given with the express intention of effecting the extinguishment of certain obligations owed to the Releasor, and with the intention of binding the Releasor's spouse, heirs, executors, administrators, legal representatives and assigns.
  7. Full and Final Settlement
  8. For the above noted consideration, the parties to this Agreement further agree not to make claim or take proceedings against any other person or corporation which might claim contribution or indemnity under the provisions of any statute or otherwise.
  9. It is declared that the terms of this settlement are fully understood; that the amount or type of consideration stated is the sole consideration for this Agreement and that the sum is accepted voluntarily for the purpose of making a full and final compromise, adjustment and settlement of all claims for injuries, losses and damages resulting or which may result from the above noted dispute.
  10. This Agreement contains the entire agreement between the parties to this release and the terms of this release are contractual and not a mere recital.
  11. No Admission of Liability
  12. It is agreed that the payment is not deemed to be an admission of liability on the part of the Releasee.
  13. Governing Law
  14. This Agreement will be construed in accordance with and governed by the laws of the Australian Capital Territory.

IN WITNESS WHEREOF the Relasor and Releasee have duly affixed their signatures under hand and seal on this 17th day of January, 2017.



_______________________________
Releasor



_______________________________
WITNESS:  ______________________
Address:  ________________________
Occupation:  _____________________



_______________________________
Releasee



_______________________________
WITNESS:  ______________________
Address:  ________________________
Occupation:  _____________________



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