Free Release/Waiver Agreement

Settle a claim out of court and waive legal responsibility, often in exchange for compensation.
This form is commonly used after a motor vehicle accident, property damage, or injury.

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Release/Waiver Agreement

Signing Details

Signing Details

Frequently Asked Questions
What is a notary public?A notary public is a public officer who can witness the signing of certain legal documents, such as a release waiver. Signing in front of a notary public is better evidence that a document was signed by that person. However, a notary public is not required. A neutral third party who is of legal age and who has no relation to either party nor the agreement can also witness a document signing for a release waiver.

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Release of Liability Information

Alternate Names:

A Release of Liability is also known as:

  • Release Form
  • Release Agreement
  • Liability Release
  • Liability Waiver
  • Waiver of Liability

What is a Release of Liability?

A Release of Liability is an agreement between two parties to waive a legal claim. When you waive a claim, you agree not to proceed with legal action in exchange for compensation. Simply put, it is a way to settle a dispute out of court.

A liability release can be used to waive a claim for damages that have already occurred, e.g. after a motor vehicle accident. It can also be used to waive any future claims for injuries or damage. For instance, you may be asked to sign a waiver form before participating in any physical or high-risk activity.

Who should use a Release of Liability?

The parties involved in a Release of Liability are:

  • The releasee: the party who is making a payment in order to be released from a possible claim for injuries or damages
  • The releasor: the party who is receiving money or other consideration in exchange for abandoning their claim

In some cases, each party may claim the other party is to blame for injuries or damages. If this happens, they can sign a mutual release agreement. If one party is more at fault, they can offer additional compensation.

What is a Release of Liability used for?

In general, a Release of Liability is used to release a party from liability in the event of an accident or other incident causing injuries or damage.

More specifically, you can use a release form to:

  • Compensate the other driver to release yourself from liability in the event of a car accident where you are at fault
  • Release a contractor from liability if they damage your property while providing a service such as landscaping or roofing
  • Settle a debt where there is a dispute over the amount owed or another aspect of the loan contract
  • Release both you and the other party from liability in the event of a disagreement over who is to blame for injuries or damages (mutual release)
  • Waive any future claims against your company for personal injuries sustained by participants during an athletic event or other potentially hazardous activity

What should be included in a Liability Release form?

A general release form should contain the following information:

  • Type of liability release
  • Releasor and releasee names and contact information
  • Details about the dispute or incident that took place (or in the case of an activity waiver, details about the activity that will be taking place)
  • Compensation details, including amount and type of compensation

Related Documents:

  • Indemnity Agreement: provides compensation from one party to another for the actions of a third party
  • Promissory Note: sets out the terms of repayment between a lender and a borrower
  • Demand Letter: used to request payment or action from another party
  • Guarantee: allows an individual or corporation to take responsibility for the debt or obligations of another party

Frequently Asked Questions:

Release or Waiver Agreement FAQ
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