Release of Liability
RELEASE OF LIABILITY
This Release of Liability ("Agreement") is made on [Insert Date], between [Releasor's Full Name], residing at [Releasor’s Address] ("Releasor") and [Releasee's Full Name/Company Name], located at [Releasee’s Address] ("Releasee").
I. General Release
In exchange for [Insert Consideration], the Releasor releases and forever discharges the Releasee from all liabilities and claims arising from [specific event or situation] that occurred on or before this Agreement’s date.
II. Waiver of Claims
The Releasor waives all claims against the Releasee for personal injury, property damage, or any loss from [specific event or situation], including but not limited to [mention risks, e.g., negligence, injury, etc.].
III. Indemnification
The Releasor agrees to indemnify the Releasee from any claims or costs, including legal fees, arising from [event, activity, or situation].
IV. Assumption of Risk
The Releasor acknowledges inherent risks in [activity/event] and voluntarily assumes all risks, releasing the Releasee from related liabilities.
V. Governing Law
This Agreement is governed by the laws of [Insert State] and any disputes will be resolved in [Insert County, State] courts.
VI. Entire Agreement
This Agreement represents the full understanding between the parties and may only be modified in writing, signed by both parties.
VII. Acknowledgment
The Releasor has read, understood, and voluntarily signed this Agreement.
Signatures:
Releasor:
[Releasor’s Full Name]
Date: [Insert Date]
Releasee:
[Releasee’s Full Name/Company Name]
Date: [Insert Date]
Notary Acknowledgment
State of [Insert State]
County of [Insert County]
On this [Insert Date], before me, [Notary’s Name], a Notary Public in and for said County and State, personally appeared [Releasor’s Full Name], who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument, and acknowledged that they executed the same for the purposes therein stated.
Witness my hand and official seal.
Notary Public
My Commission Expires: [Insert Date]