The Tolling Agreement is a legal agreement made between a party and other parties wherein they legally agree to toll a set of statements, regulations or policies that generally produce legal consequences. The agreement may or may not lead to a lawsuit and documents the duration of time in which these lawsuits may be filed.
This state-specific document is usually used for tolling statute of repose where the parties provide legal written consent to let go of their statutory defence in case of a lawsuit. The document recognises some important elements such as Declaration of No Liability, Party information etc and more.
We have simplified the drafting process for this agreement with our ready-to-use document template. You can download the template, insert your specifics into it, make necessary additions and you’d be ready to sign.
The legal structure of the document has been verified by a practicing attorney for lawful authenticity.