Rental Liability Waiver Outline
RENTAL LIABILITY WAIVER OUTLINE
I. Introduction
This waiver is designed to outline the terms under which the renter acknowledges and accepts responsibility for potential risks associated with the rental of property. It establishes the legal relationship between the renter and [Your Company Name], located in [Property Address].
II. Definitions
The term Renter refers to the individual or entity renting the property. Rental Property is defined as the property being rented, located at [Property Address]. Liabilities refer to any claims, damages, or losses that may arise during the rental period.
III. Acknowledgment of Risks
The renter acknowledges that there are inherent risks involved in using the rental property, including but not limited to personal injury or property damage.
IV. Waiver of Liability
The renter agrees to release and hold harmless [Your Company Name], its employees, and agents from any liability related to personal injuries or damages that may occur during the rental period, including but not limited to incidents arising from negligence.
V. Indemnification Clause
The renter agrees to indemnify and defend [Your Company Name] against any claims or damages resulting from the renter's use of the rental property.
VI. Governing Law
This waiver shall be governed by the laws of the state of Texas, without regard to its conflict of laws principles.
VII. Acceptance of Terms
The renter confirms their understanding of and agreement to these terms by signing below.
Releasor’s Signature: |
[Your Name] [Your Email] [Date] |
VIII. Additional Provisions (if applicable)
This waiver remains in effect for the duration of the rental period and applies to any subsequent claims arising thereafter. Any amendments to this waiver must be in writing and signed by both parties.