A Release of Liability Form is a document that protects a party against future legal claims that could be made in case of an accident, damages, or loss of money.
A Release of Liability Form includes 2 parties.
- Releasor: This is the party that is releasing the other party.
- Releasee: This is the party that is released from any legal accountability.
This form is typically given to someone by an organization or company.
It can also be given to someone after an accident or written by someone who owes a debt.
Under these circumstances, the releasee might pay the releasor.
A Release of Liability Form goes by different names, including:
- Liability Release Form
- General Release of Liability Form
- Liability Waiver
- Waiver of Liability
Use LawDistrict’s Release Form template to make your Waiver Agreement.