Mutual Release Waiver Agreement

WHAT SHOULD BE INCLUDED A simple waiver of liability will identify the following basic elements: Releasor: person who promises not to sue or take any legal action against the owner or organizer of the event or activity being attended 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..