The Release of Liability Form (Waiver of Liability) is a document signed between two parties – the Releasor and the Releasee. The Releasee is a potentially liable company or firm, and the Releasor is an individual/firm that promises not to sue the Releasee. By signing this document, the Releasor loses their right to sue the Releasee for the past/future damagesor injuries.
This document basically saves both the parties from the hassles of involving the court. The liability form identifies basic elements like the details of the Releasor and the Releasee, description of the event, and the consideration, which is the amount of money promised in return to the Releasor.
We offer a ready-to-use legal template for the liability form. It is fully customizable – upon download, you can fill in required details and modify the text.
The template is available for download in multiple formats. Please note that the legal text of the document is revised, updated, and verified by an acclaimed legal attorney.