Liability waivers differ depending on the situation, but generally contain information about:
- The party that waives their right to take legal action (i.e., the releasor)
- The party that caused or has potential to cause the other harm (i.e., the releasee)
- The activity or incident in question
- The agreed-upon settlement (such as financial restitution or participation in an activity)
To help you easily write a Release of Liability that suits your needs, LawDepot provides a variety of customisable templates, including a:
- General release of claims
- Motor vehicle accident release
- Activity waiver and release
- Damage to personal property release
- Debt settlement release
- Personal injury release
- Mutual release
LawDepot's Release of Liability templates contain a statement of concurrent release, in which the releasor acknowledges the waiving of their rights. With a mutual release, the statement of concurrent release is an acknowledgement by both parties.
In most release templates, there's also a clause stating that the settlement is not an admission of liability. However, this clause isn't included in the activity waiver because there's no need to address liability (as nothing has happened yet).
These terms are important because they clearly and explicitly communicate the intention of terminating the releasee's liability.