General Release Waiver Agreement
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What should be included in a General Release Waiver Agreement?
Check out this sample document for your reference. It included the following:
A simple waiver of liability will identify the following basic elements:
Releasor and anyone claiming on behalf of Releasor releases and forever discharges Releasee and its affiliates, successors and assigns, officers, employees, representatives, partners, agents and anyone claiming through them (collectively, the “Released Parties”), in their individual and/or corporate capacities from any and all claims, liabilities, obligations, promises, agreements, disputes, demands, damages, causes of action of any nature and kind, known or unknown, which Releasor has or ever had or may in the future have against Releasee or any of the Released Parties arising out of or relating to: (“Claims”).
Releasee: owner or organizer of the event or activity who is at risk of being sued Effective Date: when the agreement shall take effect
Event: description of event, activity, or circumstances being held
Consideration: the amount of money, promised (in)action, or something of legal value given in return for signing the Release or Waiver
Governing Law: any disagreements will be resolved using the laws of one state Other Names Accident Waiver and Release of Liability Form Conditional and Unconditional Waiver and Release Form General Release General Mutual Release Legal Release Liability Waiver Form Release of Liability Form Release for Damage to Property Release Waiver Agreement Waiver of Liability Agreement
WHEN IS IT NEEDED A Release or Waiver of Liability is often needed either before or after an incident occurs.
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